Francenie Has a Checking Account at Corner Bank

question 34

Multiple Choice

Francenie has a checking account at Corner Bank.She wants tickets to an upcoming concert.She writes a check to Ticketmaster for the cost of two tickets.In this scenario:

• A)Francenie is the drawee, Corner Bank is the drawer, and Ticketmaster is the payee.
• B)Francenie is the maker, Corner Bank is the drawee, and Ticketmaster is the payee.
• C)Francenie is the drawer, Corner Bank is the drawee, and Ticketmaster is the payee.
• D)Francenie is the payee, Corner Bank is the drawer, and Ticketmaster is the maker.

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Definitions:

Chamber of Commerce

A local association to promote and protect the interests of the business community in a particular place.

Financial Services

Industries that manage money, including banks, credit unions, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, and some government-sponsored enterprises.

Networking

The act of connecting with individuals or groups to exchange information and develop professional or social contacts.

Trade Show

An exhibition where companies in a specific industry showcase and demonstrate their new products and services.