According to Revised Article 3 if a bank pays a check that contains a forged indorsement:
A)the bank has converted the check by wrongfully paying it.
B)the person whose indorsement was forged has converted the check.
C)the person whose indorsement was forged is liable to the bank.
D)the forger is liable to the person whose indorsement was forged.

Question

Quizplus · Accepted Answer

If a bank pays a check that contains a forged indorsement,the bank has converted the check by wrongfully paying it.The bank then becomes liable for the face amount of the check to the person whose indorsement was forged.

According to Revised Article 3 If a Bank Pays a Check