Multiple choice

Which of the following refers to any change involving an erasure or rewriting in the date, amount or payee of a check or other negotiable instrument?

  1. Adverse action

  2. Amortisation

  3. Alteration

  4. Annuity

  5. Appraisal

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Alteration means any change involving an erasure or rewriting in the date, amount or payee of a check, or other negotiable instruments.