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swizznit3 swizznit3
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6 years ago
Robb stole one of Markum's blank checks, made it payable to himself, and forged Markum's signature to it. The check was drawn on the Unity Trust Company. Robb cashed the check at the Friendly Check Cashing Company, which in turn deposited it with its bank, Farmer's National. Farmer's National proceeded to collect on the check from Unity Trust. The theft and forgery were quickly discovered by Markum, who promptly notified Unity. None of the parties mentioned were negligent. Who will bear the loss, assuming the amount cannot be recovered from Robb?
 a. Markum
  b. Unity Trust Company
  c. Friendly Check Cashing Company
  d. Farmer's National
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tiss9889tiss9889
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6 years ago
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