Question
Acme, Inc. instructed its bank, AJM Bank, to pay $500,000 to TreeTop, Inc. TreeTop, Inc. was also a customer of AJM Bank. AJM Bank executed
Acme, Inc. instructed its bank, AJM Bank, to pay $500,000 to TreeTop, Inc. TreeTop, Inc. was also a customer of AJM Bank. AJM Bank executed the payment order by crediting Treetop's account with $500,000 and notified TreeTop that the credit was made and was available. TreeTop, Inc. could properly be described as a(n): Group of answer choices Originator Beneficiary Receiving Bank Sender
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
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