Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond

Exercise 4

Martin paid a $100 debt to Adler with a personal check drawn on her account at the Arvac National Bank. Before properly negotiating the check to Chives, Adler raised the amount of the check to $1,100. Chives then cashed the check at the Arvac National Bank, obtaining $1,100. When Martin received her canceled checks and discovered the alteration, she asked the bank to return the $1,000 to her account. If Martin was not negligent, must the bank comply with her request?