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Erin Stole a Paycheck from Carl Prior to His Indorsing

Question 74

Multiple Choice

Erin stole a paycheck from Carl prior to his indorsing it.She then forged Carl's signature and transferred the check to a gas station which took it in good faith,for value,without notice,and without reason to question its authenticity.The gas station:


A) was a holder in due course.
B) could not be a holder.
C) could be a holder,but not a holder in due course.
D) can collect the amount of the check only from the drawer since Carl did not indorse it.

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