Martha Draws a Check Payable to the Order of Stella

question 49

Multiple Choice

Martha draws a check payable to the order of Stella. Stella indorses the check to Karen. But Leslie steals the check from Karen, forges Karen's indorsement, and cashes the check at a liquor store. When the forgery is exposed, whom can the liquor store legally recover from?

• A) Martha
• B) Leslie
• C) Karen
• D) Stella

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Definitions:

Sampling Error

The difference between a sample statistic and the corresponding population parameter, which arises simply because the sample is not a perfect representation of the population.

Population

Total number of possible units or elements that could potentially be included in a study.

Statistics

Branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data.

Null Hypothesis

A formal statement that assumes no association or effect between variables, serving as the basis for statistical significance testing.