Family Farm signs and delivers a check payable to Gold Digger PC, leaving the amount blank but authorizing the payee to fill in the check for $10,000. Gold fills in $15,000 and gives the check to Hill Bank as payment on Gold's debt to the bank of that amount. As an HDC, the bank can enforce the check for

Question

Quizplus · Accepted Answer

The Answer of Family Farm signs and delivers a check payable to Gold Digger PC, leaving the amount blank but authorizing the payee to fill in the check for $10,000. Gold fills in $15,000 and gives the check to Hill Bank as payment on Gold's debt to the bank of that amount. As an HDC, the bank can enforce the check for

Family Farm Signs and Delivers a Check Payable to Gold