A Check That Has Been Modified Without Authorization and Thus

question 36

Multiple Choice

A check that has been modified without authorization and thus modifies the legal obligation of a party is known as a(n) ________.

• A) stale check
• B) incomplete check
• C) altered check
• D) forged check

---

Definitions:

Sale-Or-Return

A sales agreement that allows the buyer to sell the goods and return any unsold items back to the supplier.

Risk Of Loss

Refers to the potential for financial loss in a transaction or investment, often concerning who bears the responsibility if goods are damaged or lost.

Courier Service

A company that provides fast and secure delivery of packages, documents, and other goods from one location to another.

Good Title

Legitimate ownership of property free from legal encumbrances or claims.