1. Alpha makes a Promissory Note payable to Bravo or bearer. Alpha delivers the note to Bravo, Bravo indorses the note to Charlie. Charlie places the note in his wallet, which was stolen by Romeo, who,finding the note, indorses it to Delta, by forging Charlie's signature.Delta indorses the note to Echo, who in turn delivers the note to Foxtrot, a holder in due course,without indorsement.

Question: What are the liabilities of Alpha, Bravo and Charlie to Foxtrot. Explain briefly.