Riley pays State Bank $500 plus a service fee to draw a check on itself payable to Torque Plumbing. The party that is responsible for paying the check is

Name: Riley pays State Bank $500 plus a service fee to draw a check on itself payable to Torque Plumbing. The party that is responsible for paying the check is
Brand: Quizplus
Rating: 4.7 (49 reviews)

Question

Riley pays State Bank $500 plus a service fee to draw a check on itself payable to Torque Plumbing. The party that is responsible for paying the check is​

Quizplus · Accepted Answer

The party responsible for paying the check is only State Bank, as Riley has paid the bank to draw the check on itself, making the bank the drawer and responsible for payment.

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