Multiple Choice
Marvin received a check written out to him for $100.00 from Ed Moore. He stealthily changed the amount to $1000.00 and cashed it a Legacy Bank. Which statement below is correct?
A) Marvin will be liable for the $1000.00.
B) Ed Moore will be liable for the $1000.00.
C) Legacy Bank will be liable for the $1000.00 exclusively.
D) Legacy Bank will just write it off as a cost of doing business.
Correct Answer:
Verified
Correct Answer:
Verified
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