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Tom Steals Dave's Checkbook, Writes a Check for $1,000,forges Dave's Signature,and Receives

Question 67

Multiple Choice

Tom steals Dave's checkbook, writes a check for $1,000,forges Dave's signature,and receives payment from Tom's bank.The bank paid in good faith.Who is liable to the bank for the $1,000 in this case?


A) Tom
B) Dave
C) Both Tom and Dave
D) Neither Tom nor Dave

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