True/False
The first bank to receive a check for payment is the depositary bank.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q10: Thelma signs a check "pay to the
Q12: Stored-value cards are a form of digital
Q13: Fact Pattern 27-1B <br>Tom draws a check,
Q15: Certified checks are instruments that have been
Q15: A drawer is liable to the holder
Q20: Gaining unauthorized access to an electronic fund
Q33: Tiny authorizes United Bank to make transfers
Q33: Each bank in a collection chain must
Q34: A bank that has certified a check
Q41: The incompetence of a customer revokes a