The financial officer responsible for signing checks left the signature stamp on her desk when she went out of her unlocked office for lunch and a dishonest employee used the stamp to place an unauthorized signature on an instrument.The financial officer may deny the validity of the signature since it was unauthorized.

Question

Quizplus · Accepted Answer

The financial officer may be held liable for negligence in safeguarding the signature stamp, making it difficult to deny the validity of the unauthorized signature.

The Financial Officer Responsible for Signing Checks Left the Signature