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Marta Has a Checking Account with Neighbors Bank

Question 57

Multiple Choice

Marta has a checking account with Neighbors Bank. Marta signs a check "payable to Olive" drawn on Marta's account. Neighbors Bank is


A) none of the choices.
B) the drawee.
C) the drawer.
D) the payee.Fact Pattern 15-1 Britney loses her Campus Bank access card.She realizes her loss the next day but waits a week to call the bank.Meanwhile, Drake finds and uses Britney's card to withdraw $3,000 from Britney's account.

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