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Sondra and Neil Kumaraperu owned a private day-care center and preschool. The preschool maintained a checking account and an operating account, but only Neil and
Sondra and Neil Kumaraperu owned a private day-care center and preschool. The preschool maintained a checking account and an operating account, but only Neil and Ranjini Niyarapola (a former owner) were on the signature cards. after Neil's death, Sondra discovered that the school's director had inadvertently deposited a check for the operating account into the checking account.
So she wrote a check out to herself, signed Niyarapola's name, and deposited it into the operating account. Was the check issued?
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