Dru Signs a Check "Pay to the Order of Eppie

question 44

Multiple Choice

Dru signs a check "pay to the order of Eppie" drawn on Dru's account in First Federal Bank. Greta forges Eppie's indorsement. First Federal pays the check. Most likely

• A) Dru will be liable for the amount.
• B) Eppie will have to pay Dru for the amount.
• C) First Federal will have to recredit Dru's account.
• D) the Federal Reserve will reimburse all parties for their costs.

---

Definitions:

Inductive VARs

Volt-Amps Reactive attributed to inductance in a circuit, representing power that oscillates between the source and an inductive load but does not perform work.

Impedance

A measure of the opposition that a circuit presents to the passage of a current when a voltage is applied, incorporating both resistance and reactance.

Parallel Circuit

An electrical circuit configuration where components are connected across common points or junctions, leading to the same voltage across all components but different currents through each.

Resonance

A phenomenon in which a system's natural frequency of oscillation is excited by another oscillating system, leading to a significant increase in amplitude at certain frequencies.