Why does a payee endorse a check before depositing it? a. It is the legal process by
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Why does a payee endorse a check before depositing it?
a. It is the legal process by which the payee transfers ownership of the check to the bank.
b. It is a form of identification verification.
c. The check will be paid faster by the bank if it is endorsed.
d. All of these are correct.
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C The check will be paid faster by the ban...View the full answer
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Related Book For
College Accounting A Contemporary Approach
ISBN: 9781260780352
5th Edition
Authors: David Haddock, John Price, Michael Farina
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