According to Revised Article 3 If a Bank Pays a Check

question 42

Multiple Choice

According to Revised Article 3 if a bank pays a check that contains a forged indorsement:

• A)the bank has converted the check by wrongfully paying it.
• B)the person whose indorsement was forged has converted the check.
• C)the person whose indorsement was forged is liable to the bank.
• D)the forger is liable to the person whose indorsement was forged.

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