Solved

Ted Stole Ron's Checkbook and Wrote a Check for $100,forging

Question 8

Multiple Choice

Ted stole Ron's checkbook and wrote a check for $100,forging Ron's signature.Under these circumstances:


A) Ted but not Ron is liable on the check.
B) Ron but not Ted is liable on the check.
C) both Ted and Ron are liable on the check.
D) the bank will be liable on the check.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q3: Who is primarily liable on a certified

Q4: People who presents drafts for warranties:<br>A)do not

Q5: A person who is primarily liable has

Q6: Susan borrows $1,000 from Jack and gives

Q7: What are the most common ways that

Q9: A material change in a negotiable instrument

Q10: Who is primarily liable on a check

Q11: The acceptor's obligation:<br>A)extends to a person entitled

Q12: An indorsing transferor makes all five transfer

Q45: Warranties do not depend on presentment,dishonor,and notice