Examlex

Solved

Tasmia Signed a Check Payable to the Order of Shubha

question 15

Multiple Choice

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?


Definitions:

Corporate Leadership

The individuals or groups at the highest level of management in a corporation who have the responsibility for making major corporate decisions.

Reciprocal Relationship

A mutual relationship where two or more entities influence or are interconnected with each other.

Functional Areas

Specific segments of a business organized around particular activities or tasks, such as marketing, finance, or human resources.

HR Strategy

A detailed plan by the human resources department focusing on long-term workforce management and development to align with the organization's goals.

Related Questions