Carl, Without Eddie's Knowledge, Impersonates Eddie and Thereby Convinces Connie

question 56

Multiple Choice

Carl, without Eddie's knowledge, impersonates Eddie and thereby convinces Connie, who has never seen Eddie, to write a check to Eddie, on which Carl forges Eddie's name and deposits into his, Carl's, account. Which of the following is true regarding whether Connie will be liable for the amount of the check?

• A) Under the forgery rule, Connie will be held liable.
• B) Under the transferor rule, Connie will be held liable.
• C) Under the payee rule, Connie will be held liable.
• D) Under the imposter rule, Connie will be held liable.
• E) Under the fictitious payee rule, Connie will not be held liable.

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