Solved

A Bank Cannot Recover from a Holder Who Cashes a Check

Question 48

True/False

A bank cannot recover from a holder who cashes a check bearing a forged indorsement once the bank has accepted and paid the item.

Related Questions

Q2: A cashier's check is an instrument in

Q28: Rikki signs a check "pay to the

Q39: Liu signs a check "pay to the

Q43: A bank that fails to detect an

Q44: Dru signs a check "pay to the

Q45: A customer who fails to examine a

Q49: Kris presents an instrument that states "pay

Q50: Financial institutions that exchange digital images of

Q52: Generally, a bank has no obligation to

Q53: Generally, the funds represented by a deposited