Multiple Choice
ABC Corporation,a large corporation,calls Joe's Plumbing Service to do a large amount of plumbing work.Joe does the work but before he can collect the money,Jane,a disgruntled employee of ABC Corporation,goes to the bookkeeper at ABC Corporation and says that her company did the work and that she should be paid.She does not represent herself as an agent of Joe's but claimed that her own company was involved in doing the work.The bookkeeper gives Jane a check for the full amount.Jane leaves,cashes the check at Community Bank,and is never heard from again.Who is ultimately liable for this loss,assuming Jane cannot be found?
A) Joe's Plumbing Service
B) Community Bank
C) ABC Corporation
D) the Federal Deposit Insurance Corporation
E) the State Banking Commission
Correct Answer:

Verified
Correct Answer:
Verified
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