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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.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91231772

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