Dick steals a computer belonging to Tom from his house.Then Dick represents himself as Tom and sells the computer to Lawrence.Here,Lawrence draws a check payable to Tom and delivers the check to Tom.Here,Tom is called the impostor.

Question

Quizplus · Accepted Answer

Article 3 establishes special rules for negotiable instruments made payable to impostors and fictitious persons.An impostor is a person who poses as someone else and convinces a drawer to make a check payable to the person being impersonated-or to an organization the person purports to be authorized to represent.

Dick Steals a Computer Belonging to Tom from His House