Use the information in Scenario 9.7. What is the EOQ for these papers?
A) less than or equal to 3,000 units
B) greater than 3,000 units but less than or equal to 4,000 units
C) greater than 4,000 units but less than or equal to 5,000 units
D) greater than 5,000 units
D
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Kenyon steals one of Lavender's checks and forges her signature. Lavender'sbank, Metro Bank, pays the check. Lavender can recover from
a. Kenyon, but not Metro Bank. b. Metro Bank, which cannot recover from Kenyon. c. Metro Bank, which can recover from Kenyon. d. no one.
Qiara steals a check from Reese, forges his signature, and transfers the check to Salon Beauteous, a beauty and barber salon,for value. Unaware that the signature is not Reese's, Salon Beauteous presents the check to Town & Country Bank, the drawee,
which cashes the check. Reese discovers the forgery and insists that his bank recredit his account. Can the bank refuse? If not, from whom can the bank recover?