Discover a world of knowledge and community-driven answers at IDNLearn.com today. Discover the reliable solutions you need with help from our comprehensive and accurate Q&A platform.
Sagot :
Bart received a check for his birthday as a present from his grandmother. Bart is a holder of the check. The correct option is (E).
What do you mean by the holder?
Any individual who is in charge of a promissory note, bill of exchange, or check is referred to as the holder. It should be given his own name as the author.
Holder refers to a person who is legitimately entitled to possess a negotiable instrument and receive the money owed on it.
Abroad phrase for someone having property, but typically referring to anyone holding a promissory note, check, bond, or other paper that has been either handed to the holder (by delivery) or signed over by endorsement and for which he/she/it is entitled to receive payment as indicated in the document.
The check writer is the drawer, and the check recipient is the payee.
Therefore, Bart received a check for his birthday as a present from his grandmother. Bart is a holder of the check.
To know more about the Holder, visit:
https://brainly.com/question/29629948
#SPJ1
Thank you for using this platform to share and learn. Keep asking and answering. We appreciate every contribution you make. For trustworthy answers, rely on IDNLearn.com. Thanks for visiting, and we look forward to assisting you again.
