When a business issues a cheque to a supplier, who is the drawer, who is the drawee,

Question:

When a business issues a cheque to a supplier, who is the drawer, who is the drawee, and who is the payee of the cheque?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Canadian Business & the Law

ISBN: 978-0176501624

4th edition

Authors: Dorothy DuPlessis, Shannnon o'Byrne, Steven Enman, Sally Gunz

See More Books

Question Posted: Dec 09, 2015 04:24 AM

See More Questions

Enter the following transactions in the books of 'Mary Ward' for December (use T accounts). 1 Dec Introduced a motor vehicle to the new business worth 8,000 1 Dec Transferred a computer from home to...
Jane Parker is going to set up a new business in Bruges on 1 January 20X1. She estimates that her first six months in business will be as follows: (i) She will put 150,000 into the firm on 1 January...
Business ethics courses taught in colleges and universities are sometimes thought to be primarily about making students more ethical. But this is typically not what business ethics faculty regard as...
The current quoted price of a 13% coupon bond is $110. It pays coupon semi-annually. The next coupon will be paid in 6-days (total number of days in this semi-annual period is 181) and the futures...
Fly Away Travel borrowed $26,000 on August 1, 2016, by signing a one-year note payable to Region One Bank. Fly Aways interest expense on the note payable for the remainder of the fiscal year (August...
What is the net ionic equation between HNO3(aq) and Ti(OH)4(s)?
Table B. 23 contains data from the NBA Combine. Use all possible regressions to build a model for these data. Perform a residual analysis on the final model and comment on model adequacy. Time Run...
Of employed U.S. adults age 25 or older, 90.4% have completed high school, while 34.0% have completed college. For H = completed high school, C = completed college, and assuming that one must...
1. What is the difference between instrumental and terminal values? 2. Provide an example of how each of the Rokeach values might be linked with a brand's attributes and its benefits.
FIT ($1,200.58 - $221.15 = $979.43 taxable)...................... (86.00)* how did you get the answer 86
What is phishing?
In normal banking relationships, customers are expected to take care of themselves and to negotiate and be aware of their rights and obligations. Is this a reasonable expectation in view of the size...
Use a parametrization to find the flux across the surface in the specified direction. F = 4xi + 4yj + 2k outward (normal away from the z-axis) through the surface cut from the bottom of the...
State the significance and the method of computing the following: 1. Materials mix variance. 2. Variable overhead efficiency variance. 3. Fixed overhead efficiency variance.
One remedy for procedural violations is to have a hearing officer or court order the school to comply with procedural requirements in the future. What should the remedy be if the school still...
Consider the following fact pattern: Tim is a 17-year-old student with attention deficit hyperactivity disorder (ADHD) and a learning disability. He is caught smoking cigarettes at school for the...
What are the pitfalls to avoid when implementing a balanced scorecard?
Write short notes on: 1. Tolerance limits 2. Significant and non-significant variances 3. Graphic and tabular presentation of variances 4. Disposal of variances.
An individual taxpayer had a net 1231 loss in 2014. Could any of this loss be treated as a long-term capital loss? Why or why not?
Prove the result that the R 2 associated with a restricted least squares estimator is never larger than that associated with the unrestricted least squares estimator. Conclude that imposing...
Monroe County, New York, passed a local law requiring a sign on each fuel pump at a filling station showing the price, taxes, and octane rating. The law was passed to prevent fraudulent practices in...
Explain the differences among the various types of tenancies of real property.
Describe the difference between a patent, a trademark, and a copyright.
Image transcription text Introduction: The Smart Parking Management System (SPMS) project aimed to develop an efficient, automated solution for managing parking spaces in urban areas using Arduino...
A. Can we use human capital theory to explain "Age-Discrimination"? If so, how? B. Why do some firms prefer to hire younger workers, especially for entry level positions? C. Why do some firms...
Image transcription text Question 6 Not yet answered Marked out of 1.00 '1" Flag question During a mountain?biking tripr Bill and Barry are discussing the merits of having the springs and shocks used...

When a business issues a cheque to a supplier, who is the drawer, who is the drawee,

Question:

Step by Step Answer:

To conclude I can say that the drawer is ...View the full answer

Canadian Business & the Law

Students also viewed these Business Law questions