Martha draws a check payable to the order of Stella. Stella indorses the check to Karen. But Leslie steals the check from Karen, forges Karen's indorsement, and cashes the check at a liquor store. Who is liable on the check?

A secured transaction is one in which the creditor and debtor carry out financial transactions in a secure medium, such as a private communication channel

Indicate whether the statement is true or false

When Jan and Detmar Wolcinski bought their 152-year-old house, they began remodeling it with one goal in mind — opening a bed and breakfast inn

The Chadwick Inn has exceeded the Wolcinski's expectations in its first year of operation, but now some neighbors are starting to complain about the increased traffic in their neighborhood and the late hours some of the Inn's guests keep. The Wolcinski's greatest challenge in the near future is most likely ________. A) convincing the local historical preservation board that the modifications they made to the house are in keeping with its historical character B) zoning laws prohibiting commercial businesses in a residentially zoned area C) major hotel chains opening competing "bed and breakfast" hotels on adjacent lots D) encroaching shopping centers and malls that push up real estate prices