Alice Jones receives a bonus of $500 from her boss.She needs cash for her vacation,so she indorses the check to Charlie who gives her $300 cash and an IOU for $200.When Charlie presents the check to Alice's company for payment,her boss says the check was meant for Alex Jones instead;it was all a big mistake.What will Charlie be able to collect from the company?

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The Answer of Alice Jones receives a bonus of $500 from her boss.She needs cash for her vacation,so she indorses the check to Charlie who gives her $300 cash and an IOU for $200.When Charlie presents the check to Alice's company for payment,her boss says the check was meant for Alex Jones instead;it was all a big mistake.What will Charlie be able to collect from the company?

Alice Jones Receives a Bonus of $500 from Her Boss