Curt writes a check on his account at North Bank to Mandy, a famous singer. The person claiming to be Mandy is an imposter, however, named Debra. Debra indorses the check to Portions, a casino, for which North Bank cashes it. Ultimately, the loss will most likely fall on

Question

Curt writes a check on his account at North Bank to Mandy, a famous singer. The person claiming to be Mandy is an imposter, however, named Debra. Debra indorses the check to Portions, a casino, for which North Bank cashes it. Ultimately, the loss will most likely fall on​

Quizplus · Accepted Answer

Curt will most likely be responsible for the loss because he is the rightful owner of the funds and he authorized the check. It is his responsibility to make sure that he is giving the check to the correct person and that it is being used for its intended purpose.

Curt Writes a Check on His Account at North Bank