Which Statement Is Correct Regarding Whether Tom Will Have to Bear

question 84

Multiple Choice

Which statement is correct regarding whether Tom will have to bear the loss on the later forgeries,other than the first one,by Rose?

• A)Tom will not have to bear the loss because the forgeries were by an employee;otherwise,he would have had to bear the loss.
• B)Tom will not likely have to bear the loss because there was no delay in bank notification.
• C)Tom will have to bear the loss because the checks were cashed before he notified the bank.
• D)Tom will have to bear the loss because he did not notify the bank about the first forgery by Rose within 30 days.
• E)Tom will not have to bear the loss because forgeries were involved.

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