Carl,without Austin's knowledge,impersonates Austin and thereby convinces Lucía,who has never seen Austin,to write a check to Austin for upcoming yard work.Carl then forges Austin's name and deposits the check into his,Carl's,account.Which of the following is true regarding whether Lucía will be liable for the amount of the check?

Question

Quizplus · Accepted Answer

A)Under the UCC's imposter rule,if a maker or drawer issues a negotiable
instrument to an imposter,the imposter's endorsement will be effective [3-404a)].
B)Under the UCC's imposter rule,if a maker or drawer issues a negotiable instrument to an imposter,the imposter's endorsement will be effective [3-404a)].
C)Under the UCC's imposter rule,if a maker or drawer issues a negotiable instrument to an imposter,the imposter's endorsement will be effective [3-404a)].
D)Under the UCC's imposter rule,if a maker or drawer issues a negotiable instrument to an imposter,the imposter's endorsement will be effective [3-404a)].
E)Under the UCC's imposter rule,if a maker or drawer issues a negotiable instrument to an imposter,the imposter's endorsement will be effective [3-404a)].

Carl,without Austin's Knowledge,impersonates Austin and Thereby Convinces Lucía,who Has Never