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DigiTech Corporation Pays Its Employees Every Two Weeks

Question 21

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DigiTech Corporation pays its employees every two weeks.Eve gets her paycheck,indorses the back ("Eve Anderson"),and,on her lunch hour,goes to cash it at DigiTech's bank,First State Bank.On the street,in a crowd,she loses the check.Greg Smith finds it.Has the check been nego?tiated to Greg? Greg signs the back of the check beneath Eve's signature and cashes it.What might Eve have done to avoid this loss?

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Eve's paycheck was negotiated to Greg.Ev...

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