Which Statement Is Correct Regarding Whether Tom Will Have to Bear

Multiple Choice

Which statement is correct regarding whether Tom will have to bear the loss on the first forged check by Rose?

A) Tom will not have to bear the loss because the check was forged.
B) Tom will not have to bear the loss because the forgeries were by an employee;otherwise,he would have had to bear the loss.
C) Tom will have to bear the loss because he did not notify the bank of the forgery within the time limit required.
D) Tom will have to bear the loss because the check was forged.
E) Tom will have to bear the loss because the check was cashed before he notified the bank.