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According to Revised Article 3 If a Bank Pays a Check

Question 42

Multiple Choice

According to Revised Article 3 if a bank pays a check that contains a forged indorsement:


A) the bank has converted the check by wrongfully paying it.
B) the person whose indorsement was forged has converted the check.
C) the person whose indorsement was forged is liable to the bank.
D) the forger is liable to the person whose indorsement was forged.

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