Fact Pattern 25-A1
Quiky Delivery Company contracts to provide services to Regal Bakeries, Inc. At Quiky's request, Regal makes checks for the services payable to "Quiky Delivery Co. and Secure Credit Corp." One check, however, is pay?able to "Quiky Delivery Co. Secure Credit Corp." .
-Refer to Fact Pattern 25-A1. Under the ruling in Case 25.1, Hyatt Corp. v. Palm Beach National Bank, this check is
A) not payable.
B) payable alternatively or jointly, depending on Regal's bank's policy.
C) payable to Quiky and Secure only.
D) payable to Quiky or Secure.

Question

Fact Pattern 25-A1 
Quiky Delivery Company contracts to provide services to Regal Bakeries, Inc. At Quiky's request, Regal makes checks for the services payable to "Quiky Delivery Co. and Secure Credit Corp." One check, however, is pay?able to "Quiky Delivery Co. Secure Credit Corp." .
-Refer to Fact Pattern 25-A1. Under the ruling in Case 25.1, Hyatt Corp. v. Palm Beach National Bank, this check is
A) not payable.
B) payable alternatively or jointly, depending on Regal's bank's policy.
C) payable to Quiky and Secure only.
D) payable to Quiky or Secure.

Quizplus · Accepted Answer

The check is payable to "Quiky Delivery Co. Secure Credit Corp." which means it may be payable to either Quiky Delivery Co. or Secure Credit Corp. This is in accordance with the ruling in Hyatt Corp. v. Palm Beach National Bank that checks payable to two parties connected by "and" are typically payable to both parties, while checks payable to two parties connected by "or" are typically payable to either party.