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Unformatted text preview: If doubt exists as to whether an instrument is a draft or a note, the holder may treat it as either one and present it for payment to the drawee or to the person signing it. If handwritten or typewritten language is inconsistent with the printed words: The handwritten words control the typewritten and the printed words; the typewritten words control the printed words. If the amount payable is set forth on the instruments face in both figures and words, and the amounts differ, the words control the figures. If the words are ambiguous, however, the figures control the payable amount....
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This note was uploaded on 03/17/2011 for the course BUL 3350 taught by Professor Bailey during the Spring '11 term at FSU.
- Spring '11
- Business Law