In Circumstances Where a Bank Has Been Left with Liability

Multiple Choice

In circumstances where a bank has been left with liability for a forged cheque,why should every party accepting that cheque have verified the authenticity of the endorsements on it?

A) The bank will deduct the value of the worthless cheque from any endorser's account.
B) A verification agreement will entitle the bank to recover assets of endorsers.
C) Without a special endorsement,collection may be a problem.
D) All prior endorsers risk the bank's recovery efforts.