George,John,Paul,Ringo,and Brian Are Five Friends from Iowa

question 27

Multiple Choice

George,John,Paul,Ringo,and Brian are five friends from Iowa.George owes John $100,John owes Paul $200,Paul owes Ringo $300,and Ringo owes Brian $400.John and Paul find a check belonging to George.John names himself as the payee on the check,fills in $200 as the amount,and forges George's signature on it.He indorses the check to Paul and asks him to consider his debt repaid,while keeping the knowledge of the forgery to himself.Paul,in turn,indorses the check to Ringo and pays Ringo the remaining $100 in cash.Ringo indorses the check to Brian,who presents the check to George's bank and receives payment.Who among the following can the bank recover the money from,once the forgery is detected?

• A) George
• B) Paul
• C) Brian
• D) Ringo

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Definitions:

Primary Care Provider (PCP)

A healthcare professional who serves as the first point of contact for patients, offering general medical care, preventive measures, and referral to specialists.

Verification of Eligibility

The process of confirming whether an individual meets the criteria to participate or receive benefits from a particular government, insurance, or service program.

Participating Provider

A healthcare provider who has agreed to accept predetermined fees for services provided to members of a specific insurance plan or network.

Insurer

An entity that provides insurance coverage to individuals or organizations, assuming the risk for specified losses.