Solved

Sylvia Draws a Check on ABC Bank Payable "To the Order

Question 19

Multiple Choice

Sylvia draws a check on ABC Bank payable "to the order of Ann Smith." Ann indorses it and deposits it in First Bank.First Bank is a:

A) drawee bank.
B) collecting bank.
C) payor bank.
D) None of these.

Related Questions

Q14: If a depositor in First Bank takes

Q16: If you lose your wallet along with

Q18: Darla drew a $100 check on ABC

Q25: The fact that a drawer has filed

Q34: Which of the following is NOT a

Q43: The payor bank and the drawee bank

Q44: For how long is a written stop

Q49: If First Bank receives a check for

Q54: Point of sale systems permit customers to

Q59: Cheryl writes checks totaling $200,but she has