In the Case in the Text Huntington National Bank V

Multiple Choice

In the case in the text Huntington National Bank v.Guishard,Wilburn & Shorts,what was the court's holding?

A) Gray was not responsible because he had no knowledge or intent to commit theft or fraud.
B) Gray was not responsible because GSW's name was on the deposit slip.
C) Gray was responsible for $16,500 because he knowingly committed fraud.
D) Gray was responsible for $16,500 because he breached the transfer warranty.