Description of this paper

Clyde issues a check payable to Discount Mart.

Description

solution


Question

Clyde issues a check payable to Discount Mart. Elle, Discount's cashier, forges the stores indorsement and deposits the check in her bank account. Clide's bank, First State Bank, pays the check. Clyde can recover from;A) Ellie, but not first State Bank;B) First state bank, which cannot recover from Elle;C) First State Bank, which can recover from Elle;D) no one

 

Paper#34288 | Written in 18-Jul-2015

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