Under the Revised Article 3 of the Uniform Commercial Code

Multiple Choice

Under the Revised Article 3 of the Uniform Commercial Code, a check deposited in a depositary bank without indorsement makes the:

A) bank a holder of an item delivered to it only if the customer indorses it.
B) bank a holder of an item delivered to it for collection whether or not the customer indorses it.
C) customer the holder only if the bank indorses it at the time of delivery.
D) customer the holder only if the bank at the time of delivery qualified as a holder.