A certified check for $ 16 payable to Sam Goody was altered (after it had been certified)

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A certified check for $ 16 payable to Sam Goody was altered (after it had been certified) to $ 1,600. The check was then used to pay for merchandise that had been ordered from Goody costing $ 1,600. The drawee bank refused to honor the check because of the alteration. Is the bank liable to Goody for the $ 1,600?
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Business Law Principles and Practices

ISBN: 978-1133586562

9th edition

Authors: Arnold J. Goldman, William D. Sigismond

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