Commercial Law, 2011 Bar — Question 96

MULTIPLE CHOICE

X issued a check in favor of his creditor, Y. It reads: “Pay to Y the amount of Seven Thousand Hundred Pesos (Php700,000.00). Signed, X". What amount should be construed as true in such a case? A) Php700,000.00. B) Php700.00. C) Php7,000.00. D) Php700,100.00.

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