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Martha Draws a Check Payable to the Order of Stella

Question 49

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. When the forgery is exposed, whom can the liquor store legally recover from?


A) Martha
B) Leslie
C) Karen
D) Stella

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