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Linda's Checkbook Is Stolen on January 1 and Three Checks

Question 49

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Linda's checkbook is stolen on January 1 and three checks are forged on her account at Strata Bank.This first appears on a bank statement delivered to her on February 15,but Linda does not examine the statement until March 5.She reports the forgery to the bank on March 6.The other two forged checks do not appear on other bank statements until April 15,and Linda reports them to the bank on April 20.Discuss the case.

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Linda notified the bank of the forgery w...

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