Riley pays State Bank $500 plus a service fee to draw a check on itself payable to Torque Plumbing. The party responsible for paying the check is
A) only Riley.
B) both Riley and State Bank.
C) only State Bank.
D) only Torque Plumbing.

Question

Quizplus · Accepted Answer

State Bank is responsible for paying the check as it is drawn on itself, making it the drawee. Riley is the drawer, and Torque Plumbing is the payee.

Riley Pays State Bank $500 Plus a Service Fee to Draw