Albert owes George a sum of money and gives George a cheque made out to George for the amount he owes.In this case,George is
A)the payor of the cheque.
B)the assignor of the cheque.
C)the payee of the cheque.
D)the holder of the cheque.
E)the endorser of the cheque.

Question

Quizplus · Accepted Answer

The Answer of Albert owes George a sum of money and gives George a cheque made out to George for the amount he owes.In this case,George is
A)the payor of the cheque.
B)the assignor of the cheque.
C)the payee of the cheque.
D)the holder of the cheque.
E)the endorser of the cheque.

Albert Owes George a Sum of Money and Gives George