Mila Owes Brad (Whom She Has Not Met)$4,000

Multiple Choice

Mila owes Brad (whom she has not met) $4,000.James,claiming to be Brad,gets Mila to issue him a check of $4,000.James forges Brad's indorsement and transfers the check to Hall.Which of the following statements is true?

A) The responsibility for determining the true identity of the payee is on Hall.
B) James has the power to negotiate a check drawn payable to Brad.
C) Hall does not have good title to the check as Brad's signature is not valid.
D) The loss is shared by Mila and Hall,who is the holder of the forged instrument.