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Question
Moe, the owner of National Sales Company, stores blank National checks in an unlocked office drawer. Owen, an employee, forges Moe's signature on one of the blank checks and indorses it to Payday Loans, Inc. With respect to Payday, Moea. is definitely liable.
b. is definitely not liable.
c. may be liable if the forgery is not obvious.
d. may be liable if the storage of the checks facilitated the forgery.
Answer
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Fact Pattern 41-1
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