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Karen Has a Checking Account at First Bank

Question 11

Multiple Choice

Karen has a checking account at First Bank.Karen writes a check to Bonanza Apartments for her rent.In this situation:


A) Karen is the drawer; First Bank is the drawee; Bonanza is the payee
B) Karen is the drawee; First Bank is the drawer; Bonanza is the payee
C) Karen is the payee; First Bank is the drawee; Bonanza is the drawer
D) Karen is the payee; First Bank is the drawer; Bonanza is the drawee
E) Karen is the maker; First Bank is the drawee; Bonanza is the payee

Correct Answer:

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