Which of the following rules of interpretation is applied to resolve conflict or ambiguity in a check?

A. Printed terms prevail over typewritten terms.
B. Where handwritten terms and printed terms conflict, printed terms prevail over handwritten terms.
C. Where words and numbers conflict, the words control the numbers.
D. Typewritten terms prevail over handwritten terms.


Answer: C

Business

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The party that has the right to exercise a call option on callable bonds is:

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An issuer who plans on raising $1 million or less from the public must answer the questions on Form U-7, which doubles as a(n) ________ and must be made available to prospective investors.

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A. varies according to the situation. B. is a typical cultural mechanism for aligning, constraining, and regulating the actions, decisions, and behaviors of company personnel. C. features a ceremony honoring individuals who believe so strongly in their ideas that they take it on themselves to hurdle the bureaucracy, maneuver their projects through the system, and turn them into improved services, new products, or even new businesses. D. enables companies to indoctrinate new hires rapidly into widely shared and strongly held values, principles, and behavioral norms. E. exemplifies a results-oriented work climate where people go the extra mile to meet or beat stretch objectives.

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