Trudy Forges Uma's Signature on a Check "Payable to the Order

question 68

Multiple Choice

Trudy forges Uma's signature on a check "payable to the order of Trudy" drawn on Uma's account in Verity Bank. Most likely, if the bank pays the check

• A) the Federal Reserve will reimburse all parties for their costs.
• B) the loss will be apportioned among all of Verity's customers.
• C) Uma will be liable for the amount.
• D) Verity will have to recredit Uma's account.

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Definitions:

Possible Death

A term indicating the likelihood or potential for loss of life under certain circumstances or conditions.

Seek Out

The action of actively looking for or making an effort to find something or someone.

Relaxed

A state or condition of being free from tension, stress, or anxiety.

Democratic Groups

Groups that operate under the principle of democracy, where decisions are made collectively and each member has an equal vote or say.