Question

Tom wrote a check to Mary for $10. Tom was careful and not negligent in the way he wrote the check. Nevertheless, Mary cleverly altered the check to read $1,000. Tom's bank cashed this check and deducted that amount from his account. Which of the following is correct?

A. Tom is liable on this check, but only for $10.

B. Tom is liable on this check for $1,000.

C. Tom is liable on this check for nothing.

D. Tom must reimburse the bank for any losses it suffers related to this check.

Answer

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