Maia wrote a check which said, "Pay to the order of Kevin Mathews $10.97." The next line of the check stated, "One thousand ninety-seven Dollars." In applying the rules of interpretation, how much should the drawee pay?
A)Nothing; when the instrument is ambiguous it is declared non-negotiable.
B)Ten dollars and 97 cents. Numbers control over words.
C)One thousand, ninety-seven dollars or $1,097.00. Words control over numbers.
D)Parol evidence would be needed to determine the purpose of the check.
C
You might also like to view...
At his review last year, Bryan was promised a 20 percent raise if he met his production goals. Raises were included in today's paychecks, and although Bryan has met all of his goals, he received only a cost-of-living raise. In the future, Bryan's ______ will probably be ______.
A. instrumentality; high B. valence; low C. expectancy; low D. instrumentality; low E. expectancy; high
Customers today value a low price over personalized marketing efforts
Indicate whether the statement is true or false
Bailey, a luxury car brand, has manufacturing units located across the United States, from where it exports to several Asian countries. The rising costs and a strong home currency have forced the organization to rethink its strategic plans
Based on the market holding strategy, which of the following actions is the organization most likely to take to maintain its competitive advantage in the Asian countries? A) sell the product at a loss for a certain amount of time B) increase the price of its exported products C) accept lower margins to maintain competitive advantage D) shift manufacturing units to the target countries
Which of the following refers to our internal communication that can often derail our attempts to control our anxiety?
a. Self-deprecation b. Self-control c. Self-talk d. Thought-stopping