Solved

Clyde Issues a Check Payable to Discount Mart

Question 20

Multiple Choice

Clyde issues a check payable to Discount Mart.Elle,Discount's cashier,forges the store's indorsement and deposits the check in her bank ac?count.Clyde's bank,Fab Bank,pays the check.Clyde can recover from


A) Elle,but not the bank.
B) the bank,which cannot recover from Elle.
C) the bank,which can recover from Elle.
D) no one.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions