Amount can the bank lawfully credit to ralphs account

Reference no: EM13692287

Ralph gets his paycheck from Shakes n’ Burgers Restaurant, his employer, and attempts to deposit it in his account at Town Bank. Uri, the bank’s teller, notices that on the check the amount stated in words is different from the amount stated in numerals.

Which amount can the bank lawfully credit to Ralph’s account? State the applicable law and explain how these facts fit the rule.

Reference no: EM13692287

Questions Cloud

Dealing in drugs are not considered production : Officially, such activities as dealing in drugs are not considered production. Why not?

Diagram containing features of the consumer choice problem : The only goods that Angela consumes are wine (X) and chocolate (Y). On Tuesday the price of wine goes up, though at the same time, Angela's income increases by just enough so that she is equally happy (in utility terms) as she was on Monday.

Investment services offers free financial planning : Normal 0 false false false EN-US X-NONE X-NONE To generate leads for new b..

Amount can the bank lawfully credit to ralphs account : Ralph gets his paycheck from Shakes n’ Burgers Restaurant, his employer, and attempts to deposit it in his account at Town Bank. Uri, the bank’s teller, notices that on the check the amount stated in words is different from the amount stated in nume..

Type of validity process is being violated criterion-related : If a non private company requires its employees to believe and pledge that they have Christian beliefs even if they are not Christians in order to be hired, which type of validity process is being violated criterion-related, construct, or content val..

Suppose the inverse demand curve : Suppose the inverse demand curve has the following formula: p = $7 – 0.01Q. There are two firms. The cost function for the first firm is TC = 1 Q and for the second firm TC = 2Q. If the two firms were to combine, what Q would they produce in each div..

Aggregate expenditure model developed : These the aggregate expenditure model developed in this chapter to explain the following statements: a. Coming amid continued turmoil in the financial and credit markets, the report sent stocks lower, with the Dow Jones Industrial Average falling 146..

Group in charge of running the economy : Each day millions of Americans purchase millions of goods and services. These goods and services are generally readily available, as long as you have the necessary money to purchase them. How is it possible for all of these goods and services to be r..

User Account

All Pages