Multiple Choice
Karen has a checking account at First Bank.Karen writes a check to Bonanza Apartments for her rent.Which of the following is true of this situation?
A) Karen is the drawer, First Bank is the drawee, and Bonanza is the payee.
B) Karen is the drawee, First Banks is the drawer, and Bonanza is the payee.
C) Karen is the payee, First Bank is the drawee, and Bonanza is the drawer.
D) Karen is the payee, First Bank is the drawer, and Bonanza is the drawee.
Correct Answer:

Verified
Correct Answer:
Verified
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