Kira forges Lew's name as the drawer of a stolen check, drawn on Metro Bank, and makes the item payable to Kira. Lew is liable to pay the amount to
A)no one.
B)ordinary holders only.
C)ordinary holders, HDCs, and holders through HDCs.
D)HDCs only.

Question

Quizplus · Accepted Answer

Since Kira forged Lew's name, Lew has no liability to pay the check to anyone. A forged signature is not valid, and thus does not bind the person whose name is forged to any payment obligation.

Kira Forges Lew's Name as the Drawer of a Stolen