Bob writes a check on his account at County Bank to Dona, a fa?mous singer. The person claiming to be Dona is an imposter, however, named Edy. Edy indorses the check to Frank, for whom County Bank cashes it. Ultimately, the loss will most likely fall on

Question

Quizplus · Accepted Answer

Bob is the drawer of the check and is liable to the bank for payment. Since the check was forged, Bob has a valid defense against the bank's claim for payment. However, Bob is still liable to Dona for the amount of the check.

Bob Writes a Check on His Account at County Bank