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. When the forgery is exposed, who can the liquor store legally recover from?
Leslie will be the one to recover legally from because she's the person that presented the check to the liquor shop after she stole and forge Karen's indorsement.