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If a Payer Bank Pays the Altered Amount on an Altered

question 14

True/False

If a payer bank pays the altered amount on an altered check, it can recover the altered amount minus the original tenor from the party who presented the altered check for payment.


Definitions:

Conjunctivitis

An inflammation or infection of the outer membrane of the eyeball and the inner eyelid, known as pink eye.

Xerophthalmia

A medical condition characterized by dry eyes, often caused by a deficiency in vitamin A.

Trichiasis

A condition where eyelashes grow inward, potentially irritating the eye.

Emmetropia

The condition of the eye where the optical system is perfectly matched to the length of the eyeball, resulting in sharp vision at all distances.

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