Taki forges Uriel's signature on a check "payable to the order of Taki" drawn on Uriel's account in Verity Bank.Most likely,if the bank pays the check
A)the Federal Reserve will reimburse all parties for their costs.
B)the loss will be covered by Verity's insurance policy.
C)Uriel will be liable for the amount.
D)Verity will have to recredit Uriel's account.

Question

Quizplus · Accepted Answer

Verity Bank will have to recredit Uriel's account because the signature was forged, making the check unauthorized. The bank is responsible for verifying the authenticity of signatures on checks it processes.

Taki Forges Uriel's Signature on a Check "Payable to the Order