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Tasmia Signed a Check Payable to the Order of Shubha

question 15

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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?


Definitions:

Locus of Control

A psychological concept that refers to how strongly people believe they have control over the situations and experiences that affect their lives.

Internal Locus

The belief that one controls their own life and outcomes, rather than external forces.

External Locus

The belief that one's life events are largely influenced by external forces or the environment rather than personal actions.

Toe Dipper

An individual or entity that cautiously tests or explores a new venture, idea, or market with minimal commitment.

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