Question

Locke signs a check payable to the order of Metro Bank, filling in the blanks for the amount with the figures "$100" and "One thousand and 00/100 dollars." This check is payable in the amount of _______.

Answer 1

Answer:

$1,000.00.

Explanation:

Writting a check will require you to write the amounts in words and in numerals and this is done in order to prevent any Fraudulent means of modification of the figures or by accidental modifications.

In order to write the amount needed in words one also has to show the numbers of cents involved and this is done by writting 00/100 on the check in the space for writting the amount in words.

For instance now, in the question given, we have that Locke filled the check with "One thousand and 00/100 dollars" in words. This means that there are zero cents in the amount and the check is payable in the amount of; $1,000.00