1.Caden steals two checks from Rhondaa blank check and a check payable to the order of Express United Company, drawn on Rhonda's account with Federal First Credit Union. Caden forges Rhonda's signature on the blank check and makes it payable to himself. Caden forges Express United'sindorsement on the back of the check payable to Express United and adds "Pay to the order of Caden." At Hometown Bank, Caden indorses the back of both checks with his own name and gives them to Hometown for cash. Hometown does not know about the theft or the forged signatures and presents the checks to Federal First Credit Union, which pays them. Rhonda, who was not negligent, discovers the forgeries and asks Federal First Credit Union to recredit her account.

a)Who suffers the loss on the blank check and why?

b)Who suffers the loss on the check payable to the order of Express Hometown and why?