Answered

Expand your horizons with the diverse and informative answers found on IDNLearn.com. Get step-by-step guidance for all your technical questions from our knowledgeable community members.

Kira forges Lew’s name as the drawer of a stolen check, drawn on Metro Bank, and makes the item payable to Kira. Lew is liable to pay the amount to
a.
no one.

b.
ordinary holders only.

c.
HDCs only.

d.
ordinary holders, HDCs, and holders through HDCs.

Sagot :

Aleena6589idn
D. Hope this helps!! :)

Lew has been liable to reimburse the amount to the holder due in course, it related parties and the actual holders of the check.

Option D is correct.

Who is a drawer?

A drawer is referring to person who has created a check in the name of another person or any financial institution like banks.

According to the situation, the drawer of the stolen check is found to be Lew due to forged name put up by Kira. This shows that Lew is now become obligated towards all the parties in connection with the payment of amount being stated in the check.

Therefore, the ordinary holders, Holder due in course and its related parties are beneficial to be get reimbursed by Lew.

Learn more about the bank checks in the related link:

https://brainly.com/question/9892102

#SPJ2

Your participation is crucial to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. Find clear and concise answers at IDNLearn.com. Thanks for stopping by, and come back for more dependable solutions.