Bob, a guest in Jim's house, opens Jim's desk and writes a check to himself on Jim's checking account, forging Jim's signature. He indorses the check "Bob Saunders" and presents it to Jim's bank for payment. If the bank pays, can it collect from Jim's account?

Question

Quizplus · Accepted Answer

The bank should verify the authenticity of the signature on the check. Since the signature was forged, the bank cannot charge Jim's account for the payment.

Bob, a Guest in Jim's House, Opens Jim's Desk and Writes