OPINION
HATHAWAY, Chief Judge.
In this case we must apply articles three and four of the Uniform Commercial Code to determine who should bear the risk of loss when a dishonest employee forges her employer's name as drawer on a number of checks on his business and personal checking accounts, then appropriates the proceeds for her personal use.
Appellant Bill J. Knight is the president and majority stockholder of both K & K Manufacturing, Inc. and...
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