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    Smith and Robersons Business Law Study Set 2
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    Exam 29: Bank Deposits, Collections, and Funds Transfers
  5. Question
    Darla Drew a $100 Check on ABC Bank Payable "To
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Darla Drew a $100 Check on ABC Bank Payable "To

Question 18

Question 18

True/False

Darla drew a $100 check on ABC Bank payable "to the order of Pamela." Pamela cashed the check at First Bank.
First Bank is an agent of Pamela until the drawee bank pays the check.

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