Clint wrote a check to pay for his phone bill. The amount of the bill...
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Accounting
Clint wrote a check to pay for his phone bill. The amount of the bill was $50. He wrote out the words "Fifty dollars only" but he also wrote "$60" in the area for numbers. As a result, the check:
qualifies as a negotiable instrument, and the payee can collect $60.
is disqualified as a negotiable instrument.
qualifies as a negotiable instrument, and the payee can collect $50.
is disqualified as a negotiable instrument, unless Clint's intent is ascertained.
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