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Tasmia signed a check payable to the order of Shubha. The check contained an obvious variance between the numbers and the written words. The numbers indicated that the bank should pay $13,000 to the order of Shubha, but the written words indicated the bank should pay "the sum of thirteen hundred dollars." Under these circumstances what amount, if any, should the bank pay to the order of Shubha?
Factor Weighting Model
A decision-making model used to evaluate multiple alternatives based on various criteria, assigning different weights to each factor based on its importance.
Subjectivity
The influence of personal feelings, tastes, or opinions in decision-making or perception.
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