Generally, When an Endorsement on a Check Has Been Forged

question 12

Multiple Choice

Generally, when an endorsement on a check has been forged, which party is the party ultimately liable for the loss?

• A) The drawer.
• B) The first party to accept the forged instrument.
• C) The first endorser of the instrument.
• D) The bank of the first party to accept the forged instrument.
• E) The bank of the drawer even if proper notice was given of the forgery.

---

Definitions:

Receptors

Proteins found inside or on the cell surface that respond to specific chemical signals by initiating a cellular response.

Inhibitory Synapses

These are the connections between neurons that decrease the likelihood of the recipient neuron firing an action potential.

Endorphins

Natural chemicals in the brain that act as painkillers and mood enhancers, often released during exercise, excitement, pain, and sexual activity.

Rapidly

At a fast speed or in a short period of time.