Question
1. Will made a check out payable to the order of CASH. The amount written in numbers was $10.00 and the amount written in words
1. Will made a check out "payable to the order of CASH". The amount written in numbers was "$10.00" and the amount written in words was "One hundred and 00/100 dollars"
Is the check negotiable? Assuming it is payable, to whom is it payable? In what amount?
Please explain your answers.
2. What are the three ways a person can become a holder?
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International Financial Management
Authors: Jeff Madura, Roland Fox
4th Edition
147372550X, 9781473725508
