Vera gives Will a $500 check as payment for a debt. Will crudely increases the amount of the check to $5,000 and deposits the check in his First Bank account. Vera is liable for the payment of $5,000 to

Question

Vera gives Will a $500 check as payment for a debt. Will crudely increases the amount of the check to $5,000 and deposits the check in his First Bank account. Vera is liable for the payment of $5,000 to​

Quizplus · Accepted Answer

Vera is not liable for the altered amount of $5,000 because the check was fraudulently altered by Will. She is only liable for the original amount of $500.

Vera Gives Will a $500 Check as Payment for a Debt