Solved

Clint Wrote a Check to Pay for His Phone Bill

Question 65

Multiple Choice

Clint wrote a check to pay for his phone bill.The amount of the bill was $50.He wrote out the words "Fifty dollars only" but he also wrote "$60" in the area for numbers.As a result,the check:


A) is disqualified as a negotiable instrument.
B) qualifies as a negotiable instrument,and the payee can collect $50.
C) qualifies as a negotiable instrument,and the payee can collect $60.
D) is disqualified as a negotiable instrument,unless Clint's intent is ascertained.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions