Tom Wrote a Check to Mary for $10

question 71

Multiple Choice

Tom wrote a check to Mary for $10.Tom was careful and not negligent in the way he wrote the check.Nevertheless,Mary cleverly altered the check to read $1,000.Tom's bank cashed this check and deducted that amount from his account.Which of the following is correct?

• A)Tom is liable on this check,but only for $10.
• B)Tom is liable on this check for $1,000.
• C)Tom is liable on this check for nothing.
• D)Tom must reimburse the bank for any losses it suffers related to this check.

Analyze the engagement of emerging adults in religious and spiritual activities.

Comprehend Erikson's developmental stages, especially the "intimacy versus isolation" stage.

Identify the trends in cohabitation and marriage among emerging adults.

Understand the nature and dynamics of cross-sex friendships.

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Definitions:

Insurance

A contract (policy) in which an individual or entity receives financial protection or reimbursement against losses from an insurance company.

Breach of Warranty

A violation of the terms of an express or implied warranty, where the promised standard or quality of a product or service is not met.

Consideration

A fundamental component in contract law that involves something of value exchanged between parties, making the agreement legally binding.

Enforceability

The degree to which a legal agreement or contract can be upheld and compelled by a court.