please answer both questions

Fred owes Tracy $50,000. Fred steals a check from Megan and makes it out for $50,000, payable to Lester. Fred then indorses the back of the check, "Pay to the order of Tracy (signed] Lester. Fred then gives the check to Tracy. Tracy deposits the check into her account and Megan's bank pays the check. The loss is born by Select Natalie, Webster's friend, breaks into his locked desk, steals a blank check, and fills it out for $50,000 payable to "CASH." Natalie signs Webster's name and presents the check to Webster's bank for payment. The bank cashes the check and Natalie leaves for Brazil. The liable party is Select 9 Fred owes Tracy $50,000. Fred steals a check from Megan and makes it out for $50,000, payable to Lester. Fred then indorses the back of the check, "Pay to the order of Tracy (signed] Lester. Fred then gives the check to Tracy. Tracy deposits the check into her account and Megan's bank pays the check. The loss is born b Select Natalie, Webster's friend, breaks into his locked desk, steals Tracy Megan ills it out for $50,000 payable to "CASH." Natalie signs Webster's name and presents the check to Webster's bi Lester e bank cashes the check and Natalie leaves for Brazil. The liable party is Select Megan's bank Fred owes Tracy $50,000. Fred steals a check from Megan and makes it out for $50,000, payable to Lester. Fred then indorses th back of the check, "Pay to the order of Tracy (signed] Lester. Fred then gives the check to Tracy. Tracy deposits the check into he account and Megan's bank pays the check. The loss is born by Select Natalie, Webster's friend, breaks into his locked desk, steals a blank check, and fills it out for $50,000 payable to "CASH." Natalie signs Webster's name and presents the check to Webster's bank for payment. The bank cashes the check and Natalie leaves for Brazil. The liable party i Select Webster the bank no one Natalie