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Sharon purchases goods by telephone from Peter. Sharon has never met Peter. Bart goes to Sharon and pretends to be Peter. Sharon draws a check
Sharon purchases goods by telephone from Peter. Sharon has never met Peter. Bart goes to Sharon and pretends to be Peter. Sharon draws a check payable to the order of Peter and gives the check to Bart, believing him to be Peter. Bart forges Peter's indorsement and indorses the check to his brother, Walter, with the term "without recourse." Walter then cashes the check at a liquor store. Under the imposter rule, who is liable on the check? Select one: O A. Sharon O B. The liquor store O C. Bart O D. Walter Explain the priority of claims for secured and unsecured credit transactions involving personal property. , B I !!! III ? C * U ch X2 x2 = I Sharon purchases goods by telephone from Peter. Sharon has never met Peter. Bart goes to Sharon and pretends to be Peter. Sharon draws a check payable to the order of Peter and gives the check to Bart, believing him to be Peter. Bart forges Peter's indorsement and indorses the check to his brother, Walter, with the term "without recourse." Walter then cashes the check at a liquor store. Under the imposter rule, who is liable on the check? Select one: O A. Sharon O B. The liquor store O C. Bart O D. Walter Explain the priority of claims for secured and unsecured credit transactions involving personal property. , B I !!! III ? C * U ch X2 x2 =
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