Jane has written out a check to Manny for $100.  Unfortunately, the check was stolen by Stringer Bell who sold it to Freddy for $90.  Stringer signed Manny's name even though he is not Manny.  Freddy has no idea of the wrongdoing.  Freddy presents the check to the bank but Jane and the bank say, "No way".

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter6: Deductions And Losses: In General
Section: Chapter Questions
Problem 14DQ
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Jane has written out a check to Manny for $100.  Unfortunately, the check was stolen by Stringer Bell who sold it to Freddy for $90.  Stringer signed Manny's name even though he is not Manny.  Freddy has no idea of the wrongdoing.  Freddy presents the check to the bank but Jane and the bank say, "No way".  

 

Can Freddy get the $100?  How?  

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