Which of the Following Is True of the Drawer-Drawee Relationship

Multiple Choice

Which of the following is true of the drawer-drawee relationship?

A) The drawer becomes the creditor when the drawee bank pays more than the drawer has on deposit.
B) The drawer becomes a debtor and the drawee bank becomes the creditor at the time of opening a checking account.
C) The drawer becomes the insured and the drawee bank becomes the insurer at the time of opening a checking account.
D) The drawer becomes the creditor and the drawee bank becomes the debtor at the time of opening an account.