Realty Acquisitions Borrows $1,000,000 at 4 Percent Interest from Shady

Realty Acquisitions borrows $1,000,000 at 4 percent interest from Shady Credit Lenders and signs a promissory note for that amount. Without the borrower's authorization, Shady changes the amount of the note to $1,200,000 and increases the rate to 8 percent. Shady materially altered the note when​

A) Realty borrowed $1,000,000.​
B) ​Shady changed the amount and the interest rate.
C) ​Shady decided to change the terms.
D) ​Shady failed to obtain Realty's authorization.

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