Multiple Choice
Del signs a check "pay to the order of Eppie" drawn on Del's account in First Federal Bank.Greta forges Eppie's indorsement.First Federal pays the check.Most likely
A) Del will be liable for the amount.
B) Eppie will have to pay Del for the amount.
C) First Federal will have to recredit Del's account.
D) the Federal Reserve will reimburse all parties for their costs.
Correct Answer:
Verified
Correct Answer:
Verified
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