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Martha Draws a Check Payable to the Order of Stella

Question 47

Multiple Choice

Martha draws a check payable to the order of Stella. Stella indorses the check to Karen. But Leslie steals the check from Karen, forges Karen's indorsement, and cashes the check at a liquor store. Who is liable on the check?


A) the liquor store
B) Martha
C) Stella
D) Leslie

Correct Answer:

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