Marta has a checking account with Neighbors Bank. Marta signs a check "payable to Olive" drawn on Marta's account. Neighbors Bank is
A)none of the choices.
B)the drawee.
C)the drawer.
D)the payee.Fact Pattern 15-1 Britney loses her Campus Bank access card.She realizes her loss the next day but waits a week to call the bank.Meanwhile, Drake finds and uses Britney's card to withdraw $3,000 from Britney's account.

Question

Quizplus · Accepted Answer

Neighbors Bank is the drawee because it is the bank on which the check is drawn and is responsible for paying the amount specified on the check from Marta's account.

Marta Has a Checking Account with Neighbors Bank