Occasionally, the Federal Trade Commission (FTC) bypasses the normal steps and uses the court system to stop an unfair or marketing practice. This occurs when:

Fabiola is an accountant with Rovers and Associates, a law firm in downtown Memphis. The firm maintains a checking account with Portris Bank for its operating expenses

On the 7th of every month, Fabiola gets an inventory report from the office manager listing the office supplies that are needed. Fabiola places the appropriate orders with Office Depot and writes them a check against the office's checking account. In the above banking transaction, Rovers and Associates is the ________. A) indorser B) payee C) drawer D) drawee

Before investing in a mutual fund, you should request and evaluate the fund's prospectus, which is available for a small charge

Indicate whether the statement is true or false.