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The City Mails Joe Marsh a Refund Check for Overpayment

Question 51

Multiple Choice

The City mails Joe Marsh a refund check for overpayment of a parking ticket.Harold Finch steals the check from Marsh's mailbox,signs "Joe Marsh" on the back of the check,and cashes it at a grocery store.Is the grocery store a holder of the check?


A) Yes,because Finch indorsed the check.
B) Yes,because it is a holder in due course.
C) No,because Finch was not a holder and the check was not signed by Marsh.
D) No,because the check contained no indorsements.

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