Question

Evaluate the following statement: “If a signature on a check is forged, the customer will never be responsible for the amount on the check.”

Answer 1

This is true ! Generally, if anybody forges a sign on a cheque, the individual whose sign was forged isn’t then obliged to honour that cheque, & their banking firm doesn’t have to pay it. The cheque with a forged sign is just a worthless paper i.e. a ‘nullity’.