What Options Does a Payee Have Who Is Holding a Check

question 46

Multiple Choice

What options does a payee have who is holding a check payable to her?

• A) She must seek payment directly from the drawee bank.
• B) She must seek payment on the check,either directly from the drawee bank or by depositing the check in her account at her own bank.
• C) She may seek payment from the drawee bank,seek payment by depositing the check in her account at her own bank,or she may indorse the check to another person,so long as the indorsement has been approved by the drawer.
• D) She may seek payment from the drawee bank,seek payment by depositing the check in her account at her own bank,or she may indorse the check to another person,so long as the indorsement has been approved by the drawee.
• E) She may seek payment from the drawee bank,seek payment by depositing the check in her account at her own bank,or she may indorse the check to another person,and this indorsement does not need the approval of the drawer or drawee.

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Definitions:

Positive Messages

Communications that convey good news, affirmative updates, or positive feedback, often used to build morale or reinforce good behavior.

Neutral To Receptive

The process of changing an audience's attitude from indifferent or uninterested to positive and open-minded.

Benefits Of Complying

Advantages or positive outcomes resulting from adhering to rules, regulations, or guidelines.

Routine Requests

Commonplace or regularly occurring solicitations or inquiries.