Which term refers to the entity that signs a check or draft ordering payment to be made?

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Multiple Choice

Which term refers to the entity that signs a check or draft ordering payment to be made?

Explanation:
The term refers to the person who writes and signs the check, directing their bank to pay the stated amount. That signer is called the drawer. By signing, the drawer authorizes the bank (the drawee) to transfer funds to the recipient (the payee). The other terms aren’t related to the signer: a source document is just the record of the transaction, while the other two options are not terms used for checks.

The term refers to the person who writes and signs the check, directing their bank to pay the stated amount. That signer is called the drawer. By signing, the drawer authorizes the bank (the drawee) to transfer funds to the recipient (the payee). The other terms aren’t related to the signer: a source document is just the record of the transaction, while the other two options are not terms used for checks.

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