Brandy Forges Caleb's Signature on a Check "Payable to the Order

question 26

Multiple Choice

Brandy forges Caleb's signature on a check "payable to the order of Brandy" drawn on Caleb's account in Downtown Bank. Caleb's forged signature

• A)is effective if an innocent third party accepts the check.
• B)is effective to the degree that it matches Caleb's genuine signature.
• C)is effective to the extent that Downtown Bank debits Caleb's account.
• D)has no legal effect.

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Definitions:

Right of Priority

An entitlement to preferential treatment or consideration over others, often in the context of legal rights or the position in an ordering system.

Organization Website

The official online presence of an organization, providing information about its services, mission, and contacts.

.org

A top-level domain typically used by nonprofits, charities, and organizations engaged in noncommercial activities.

Address

The particulars of the place where someone lives or an organization is situated, or the process of directing remarks or attention towards a particular issue or person.