How Are Ambiguities Interpreted in a Check

question 29

Multiple Choice

How are ambiguities interpreted in a check:

• A) Parole evidence is necessary to clear up any ambiguities
• B) Numbers over words; handwritten over typed,typed over printed.
• C) Words over numbers; handwritten over typed; typed over printed.
• D) Words over numbers; handwritten over typed; printed over typed

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Definitions:

Big Business

Large-scale or significant commercial enterprises that have considerable influence on the economy, politics, and society due to their size and power.

Oligopoly

A market structure characterized by a small number of firms controlling a large share of the market, leading to limited competition.

Concentration Ratios

Statistical measures used to evaluate the degree of competition within markets by analyzing the market share of the largest firms.

Concentrated Industry

An industry characterized by a small number of large firms that have a significant market share, leading to reduced competition.