When the Name of the Payee Is Spelled Incorrectly, the Payee

question 32

Multiple Choice

When the name of the payee is spelled incorrectly, the payee:

• A) must indorse the instrument with the incorrect spelling of the payee's name.
• B) must indorse the instrument with the correct spelling of the payee's name.
• C) may indorse the instrument with either the correct or incorrect spelling of the payee's name.
• D) may not indorse the instrument.