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Jake steals Don's checkbook, writes out a check for $1000, forges Don's signature, and gets...

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Accounting

Jake steals Don's checkbook, writes out a check for $1000, forges Don's signature, and gets payment from Don's bank. The bank paid in good faith. Who is liable to the bank for the $1000 in this case?

A) Tom

B) Dave

C) Both Tom and Dave

D) Neither Tom nor Dave

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