The case depicts two adults (let's call them Mary and Stan) who discover that several forged checks have been presented against their checking account. Who is liable for the check to Best Buy for $575.00 that is signed with Stan's signature stamp? Is the Bank liable? Stan? A third party? Does the fact that Stan's checkbook and the signature stamp are missing from his home change the question of liability at all? If the total amount of forged checks is $2,800, does this impact the question of who is liable for the losses?

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In this case Stan is liable for the check to Best Buy for 57500 that i... View the full answer