Multiple Choice
A[n] ______ bank is the first bank that receives the check for payment.
A) Payer
B) Payee
C) Depositary
D) Transfer
E) Acceptor
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: In which of the following types of
Q19: Which of the following is true regarding
Q20: A[n] _ is an institution created to
Q25: Which of the following was the result
Q26: Which of the following is a deposit
Q27: When money is transferred by an electronic
Q37: Regardless of the care used in cashing
Q55: As set forth in the text, what
Q71: Which of the following is true regarding
Q75: Checks are non-negotiable instruments.