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Adam's checks are printed with the words Pay to the order of followed by a blank. Adam fills in an amount on one of the checks and signs it, but he does not prepare anything in the blank following the Pay to the order of language. Adam gives this check to Beth. On another check, Adam prepares in the blank Carl or bearer. Which, if either, of these checks is a bearer instrument, and why?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M961785

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