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Desolo Desolo
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10 years ago
George, John, Paul, Ringo, and Brian are five friends from Iowa. George owes John $100, John owes Paul $200, Paul owes Ringo $300, and Ringo owes Brian $400. John and Paul find a check belonging to George. John names himself as the payee on the check, fills in $200 as the amount, and forges George's signature on it. He indorses the check to Paul and asks him to consider his debt repaid, while keeping the knowledge of the forgery to himself. Paul, in turn, indorses the check to Ringo and pays Ringo the remaining $100 in cash. Predictably, Ringo indorses the check to Brian, who presents the check to George's bank and receives payment. Who among the following friends can the bank recover the money from, once the forgery is detected?
A) George
B) Paul
C) Brian
D) Ringo

This is for my business law class, anything will help
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bbbbbb
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10 years ago
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Desolo Author
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#2
10 years ago
Thank you
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