All of the following are parties to a check except the
A) bank.
B) Federal Reserve.
C) maker.
D) payee.

Name: All of the following are parties to a check except the A) bank. B) Federal Reserve. C) maker. D) payee.
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Question

Quizplus · Accepted Answer

The Federal Reserve is not a direct party to a check transaction, but it does have a role in check processing and clearing. The bank, maker, and payee are all parties to a check transaction.

All of the Following Are Parties to a Check Except