If a Drawee Bank Pays an Instrument Containing a Forged

question 52

True/False

If a drawee bank pays an instrument containing a forged indorsement,the bank is liable for conversion.

---

Definitions:

Repetitive Strain Injury

An injury to the musculoskeletal and nervous systems that may be caused by repetitive tasks, forceful exertions, vibrations, mechanical compression, or sustained or awkward positions.

Distracted Driving

The act of driving while engaged in other activities that take the driver's attention away from the road, such as texting or talking on the phone.

Digital Divide

The gap between individuals who have access to modern information and communication technology, such as the internet and computers, and those who do not.

A Hoax

A deliberate deception or prank, often humorous or malicious, designed to trick people into believing something false.