If the Written Amount on the Check Does Not Match

question 55

Multiple Choice

If the written amount on the check does not match the amount expressed in figures,the bank may:

• A)pay the amount written in words.
• B)return the check unpaid.
• C)contact the drawer to see what was meant.
• D)All of the above are correct choices.

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Definitions:

Food, Conservation, and Energy Act

A comprehensive U.S. law enacted periodically that covers a wide range of agricultural and food programs, including farm subsidies, nutrition assistance, and land conservation efforts.

Crop Price

The amount of money that farmers receive for the agricultural products they produce, which can vary based on supply and demand.

Loan Price

The total cost associated with borrowing money, which includes the interest rate and any other fees or charges.

Agricultural Subsidies

Financial assistance programs provided by the government to support farmers, intended to stabilize food prices and ensure a reliable food supply.