Giuseppe writes a check "payable to bearer" and hands it to Hamilton. Imogene steals the check and delivers it to Jocelyn, an innocent third person. Hamilton can recover the proceeds of the check from
A) Imogene.
B) Jocelyn.
C) Giuseppe.
D) no one.

Question

Quizplus · Accepted Answer

Hamilton can recover the proceeds from Imogene because she wrongfully took the check. Jocelyn, as an innocent third party, is not liable, and Giuseppe is not liable once the check is made payable to bearer.

Giuseppe Writes a Check "Payable to Bearer" and Hands It