When the Name of the Payee Is Spelled Incorrectly, the Payee

Multiple Choice

When the name of the payee is spelled incorrectly, the payee:

A) must indorse the instrument with the incorrect spelling of the payee's name.
B) must indorse the instrument with the correct spelling of the payee's name.
C) may indorse the instrument with either the correct or incorrect spelling of the payee's name.
D) may not indorse the instrument.