Rikki signs a check "pay to the order of Scholar University" drawn on Rikki's account in State Bank to pay her tuition.Rikki is
A)the certifier.
B)the drawee.
C)the drawer.
D)the payee.

Question

Quizplus · Accepted Answer

Rikki is the one who is writing and signing the check, so she is the drawer. The payee is Scholar University, who will receive the funds. The drawee is the bank where Rikki's account is held, as this is the institution that will be responsible for actually fulfilling the payment. The certifier would be someone who verifies that the funds are available in the account before the check is drawn, but there is no mention of this in the scenario.

Rikki Signs a Check "Pay to the Order of Scholar