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Qiana Gives Rick a $50 Check as Payment for a Debt

Question 39

Multiple Choice

Qiana gives Rick a $50 check as payment for a debt. Rick crudely raises the amount of the check to $500 and transfers it to SmartPhones & Minutes Store for a new phone. SmartPhones & Minutes deposits the check in its Trade Market Bank account. Qiana is liable for the payment of $500 to


A) no one.
B) Trade Market Bank.
C) Rick.
D) SmartPhones & Minutes.

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