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1. A check issued Payable to the order of Rowan University for the amount of $1,050. The drawer wrote the words one thousand, five hundred
1. A check issued Payable to the order of Rowan University for the amount of $1,050. The drawer wrote the words "one thousand, five hundred and 00/100 dollars" on the check. Is the check negotiable? Why or why not? 2.Sam purchased a bike from ABC Bike Company. Sam gave the bike company a check for $400, the price of the bike. ABC negotiates the check to Atlantic Electric, who takes the check in good faith, for value and without notice of a claim or defense. Sam later discovers that ABC delivered the wrong bike to him and refuses to honor the check. In a conflict between Sam and Atlantic Electric, who wins? Why? 1. A check issued Payable to the order of Rowan University for the amount of $1,050. The drawer wrote the words "one thousand, five hundred and 00/100 dollars" on the check. Is the check negotiable? Why or why not? 2.Sam purchased a bike from ABC Bike Company. Sam gave the bike company a check for $400, the price of the bike. ABC negotiates the check to Atlantic Electric, who takes the check in good faith, for value and without notice of a claim or defense. Sam later discovers that ABC delivered the wrong bike to him and refuses to honor the check. In a conflict between Sam and Atlantic Electric, who wins? Why
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