Multiple Choice
Martha draws a check payable to the order of Stella. Stella indorses the check to Karen. But Leslie steals the check from Karen, forges Karen's indorsement, and cashes the check at a liquor store.
-Who is liable to the check?
A) the liquor store
B) Martha
C) Stella
D) Leslie
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: An instrument is not considered canceled if
Q7: _ is a type of personal defense
Q8: Jennifer signs a promissory note to pay
Q9: The imposter rule does not apply for
Q12: Marks used in lieu of a written
Q13: Martha draws a check payable to the
Q16: An agent is only liable to the
Q25: A person cannot be held contractually liable
Q52: An unqualified indorser has secondary liability on
Q53: Discharge of an instrument by payment can