When a drawer gives one alternative or joint payee a check, the drawer's obligation on the check to the other payees is suspended.

Name: When a drawer gives one alternative or joint payee a check, the drawer's obligation on the check to the other payees is suspended.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The drawer's obligation is suspended because payment to one of the joint payees is considered sufficient to discharge the drawer's obligation unless otherwise specified.

When a Drawer Gives One Alternative or Joint Payee a Check