Generally,when an endorsement on a check has been forged,which party is the party ultimately liable for the loss?

Question

Quizplus · Accepted Answer

A)Generally,when an endorsement has been forged,the first party to accept the
forged instrument is ultimately liable for the loss because a forged endorsement does not legally transfer title [UCC 4-207a)2)].
B)Generally,when an endorsement has been forged,the first party to accept the forged instrument is ultimately liable for the loss because a forged endorsement does not legally transfer title [UCC 4-207a)2)].
C)Generally,when an endorsement has been forged,the first party to accept the forged instrument is ultimately liable for the loss because a forged endorsement does not legally transfer title [UCC 4-207a)2)].
D)Generally,when an endorsement has been forged,the first party to accept the forged instrument is ultimately liable for the loss because a forged endorsement does not legally transfer title [UCC 4-207a)2)].
E)Generally,when an endorsement has been forged,the first party to accept the forged instrument is ultimately liable for the loss because a forged endorsement does not legally transfer title [UCC 4-207a)2)].
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Topic: When a Bank May Charge a Customer's Account

Generally,when an Endorsement on a Check Has Been Forged,which Party