Asked by Jaida McNair on Jun 06, 2024
Verified
A(n) ________ is a person who poses as someone else and convinces the drawer to make a check payable to the person being impersonated.
A) fiduciary
B) indorser
C) imposter
D) accommodation party
Imposter
A person who deceives others by pretending to be someone else for personal or financial gain.
- Learn the requirements and implications of indorsement and negotiation in the context of transfers and liabilities.
Verified Answer
TR
taylor rae brundigeJun 06, 2024
Final Answer :
C
Explanation :
An impostor is a person who poses as someone else and convinces a drawer to make a check payable to the person being impersonated-or to an organization the person purports to be authorized to represent.
Learning Objectives
- Learn the requirements and implications of indorsement and negotiation in the context of transfers and liabilities.