Questions and Answers
Lance found the 10,000 yen note in his school bag.
False
The bank teller in the first bank Lance visited told him the note was worth about $150.
False
Lance spent all the money he got from the bank on a single item.
False
The bank returned the money to Lance after discovering the truth about the note.
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The 10,000 yen note Lance found was real Japanese currency.
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The bank manager at the first bank Lance visited was convinced that the 10,000 yen note was real.
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Lance and his mother visited only two banks to verify the note.
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Lance's mother was initially unaware of the note's existence.
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The National Bank gave Lance the lowest rate for the 10,000 yen note.
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The police officer asked Lance to return the money to the bank.
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Study Notes
Lance's Unexpected Discovery
- 13-year-old Lance Auckett from Pouto, south of Dargaville, found a 10,000 yen note while cleaning his bedroom.
Verifying the Note's Authenticity
- Lance took the note to multiple banks to verify its authenticity and value.
- The first bank told him the note was real and worth around $15.
- The second bank valued the note at around $49.
- The third bank, the Dargaville branch of the National Bank, gave the highest value of $151.20.
Spending the Money
- Lance gave the money to his mother to look after and spent some of it on a tape, a soft drink, and a wedding present.
The Unexpected Twist
- Lance was called into the principal's office, where a police officer was waiting, and was asked about the origin of the note.
- Lance's mother was contacted, and the National Bank revealed that the note was actually Japanese Monopoly money, worthless.
- The bank demanded its money back, but Lance's parents felt they should not be responsible for paying it since Lance had asked if the note was real and had not intended to defraud.
Lance's Unexpected Discovery
- 13-year-old Lance Auckett from Pouto, south of Dargaville, found a 10,000 yen note while cleaning his bedroom.
Verifying the Note's Authenticity
- Lance took the note to multiple banks to verify its authenticity and value.
- The first bank told him the note was real and worth around $15.
- The second bank valued the note at around $49.
- The third bank, the Dargaville branch of the National Bank, gave the highest value of $151.20.
Spending the Money
- Lance gave the money to his mother to look after and spent some of it on a tape, a soft drink, and a wedding present.
The Unexpected Twist
- Lance was called into the principal's office, where a police officer was waiting, and was asked about the origin of the note.
- Lance's mother was contacted, and the National Bank revealed that the note was actually Japanese Monopoly money, worthless.
- The bank demanded its money back, but Lance's parents felt they should not be responsible for paying it since Lance had asked if the note was real and had not intended to defraud.
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Description
Lance Auckett finds a mysterious 10,000 yen note in his bedroom. Is it real? How much is it worth?