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Foster Forges Greta's Signature on a Check "Payable to the Order

Question 65

Multiple Choice

Foster forges Greta's signature on a check "payable to the order of Foster" drawn on Greta's account in Hearthside Bank. Most likely,if the bank pays the check


A) the Federal Reserve will reimburse all parties for their costs.
B) the loss will be apportioned among all of Hearthside's customers.
C) Greta will be liable for the amount.
D) Hearthside will have to recredit Greta's account.

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