JimBob, a Guest in Jimbo's House, Opens Jimbo's Desk and Writes

question 41

Multiple Choice

JimBob, a guest in Jimbo's house, opens Jimbo's desk and writes a check to himself on Jimbo's checking account, forging Jimbo's signature.He indorses the check " JimBob Saunders" and presents it to Jimbo's bank for payment.If the bank pays, can it collect from Jimbo's account?

• A) No, because bank should have known the signature is forged.
• B) No, because Jimbo  did not know of the check.
• C) Yes, because JimBob is the real payee.
• D) Yes, because Jimbo's name is on the check.

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