Multiple Choice
Carol buys some items at the drugstore and writes a check to the store on her account at First Bank.Who is the drawee?
A) First Bank.
B) Carol.
C) The drugstore.
D) There is none.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: Negotiability invests negotiable instruments with a high
Q9: A draft involves three parties: a drawer,
Q12: An "X" or a thumbprint could constitute
Q38: In the development of the law of
Q38: A definite time required for negotiability would
Q42: A promise or order is unconditional unless
Q43: A signed promissory note stating "I promise
Q45: All but which one of the following
Q46: Only a bank may serve as the
Q48: Handwritten words supersede typewritten words contained in