Who suffers the loss when a bank pays a check bearing a forged indorsement?

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Business Law Text And Exercises

ISBN: 9780357717417

10th Edition

Authors: Roger LeRoy Miller, William E. Hollowell

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Question Posted: Feb 26, 2024 03:02 AM

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Who suffers the loss when a bank pays a check bearing a forged indorsement?

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In general when a bank pays a check bearing a forged indorsement the loss typically falls on the drawee bank the bank that pays the check This is esta...View the full answer

Business Law Text And Exercises

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