Tom Steals Dave's Checkbook, Writes a Check for $1,000,forges Dave's Signature,and Receives

question 67

Multiple Choice

Tom steals Dave's checkbook, writes a check for $1,000,forges Dave's signature,and receives payment from Tom's bank.The bank paid in good faith.Who is liable to the bank for the $1,000 in this case?

• A)Tom
• B)Dave
• C)Both Tom and Dave
• D)Neither Tom nor Dave