Karen Has a Checking Account at First Bank

question 94

Multiple Choice

Karen has a checking account at First Bank.Karen writes a check to Bonanza Apartments for her rent.Which of the following is true of this situation?

• A) Karen is the drawer, First Bank is the drawee, and Bonanza is the payee.
• B) Karen is the drawee, First Banks is the drawer, and Bonanza is the payee.
• C) Karen is the payee, First Bank is the drawee, and Bonanza is the drawer.
• D) Karen is the payee, First Bank is the drawer, and Bonanza is the drawee.

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