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Ryan writes a check on his account at ABC Bank to Cheryl, a famous singer. The person claiming to be Cheryl is an imposter, however,
Ryan writes a check on his account at ABC Bank to Cheryl, a famous singer. The person claiming to be Cheryl is an imposter, however, named Nero. Nero indorses the check to The Pyramid, a casino, restaurant, and nightclub, for which ABC Bank cashes it. Ultimately, the loss will most likely fall on
A. | Cheryl. | |
B. | The Pyramid. | |
C. | Ryan. | |
D. | ABC Bank. |
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