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Clyde Issues a Check Payable to Discount Mart

Question 13

Multiple Choice

Clyde issues a check payable to Discount Mart.Emma,Discount's cashier,forges the store's indorsement and deposits the check in her bank ac-count.Clyde's bank,First State Bank,pays the check.Clyde can recover from​ 


A)  ​Emma, but not First State Bank. 
B)  ​First State Bank, which cannot recover from Emma. 
C)  ​First State Bank, which can recover from Emma. 
D)  ​no one.

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