The first bank to receive a check for collection is the:
A) depositary bank.
B) drawee bank.
C) payor bank.
D) intermediary bank.
Correct Answer:
Verified
Q47: A substitute check:
A) is basically a copy
Q48: If Margie makes out a check for
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Q50: Which of the following is/are excluded from
Q51: A system for electronic funds transfers (EFT)in
Q53: Wholesale electronic funds transfers:
A) are also called
Q54: On April 6,Ellen sends a check for
Q55: Sylvia draws a check on ABC Bank
Q56: What Article of the UCC governs electronic
Q57: If you lose your wallet along with
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