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Roni writes a check for $700.00 to sela. Sela indorses the check in blank and transfers it to titus, who alters the check to read $7,000 and presents...

This question was answered on Jul 20, 2016. View the Answer

Roni writes a check for $700.00 to sela. Sela indorses the check in blank and transfers it to titus, who alters the check to read $7,000 and presents it to union bank, the drawee, for payment. The bank cashes it. Roni discovers the alteration and sues the bank. How much, if anything can roni recover? From whom can the bank recover this amount?

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find attacched... View the full answer

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Other Answers

The drawer is entitled to $6,300—the amount to which the check was altered... View the full answer

This question was asked on Jul 20, 2016 and answered on Jul 20, 2016 for the course BUSI 222 at Brookdale.

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