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Janet was given a check for $10. While still at home, she indorsed the back of...

Janet was given a check for $10. While still at home, she indorsed the back of the check with her signature and added no other words. On the way to the bank she lost the check which was found by someone else and cashed. Question: what kind of indorsement did Janet make on the back of her check? Question: Why was this other person able to cash the check? Question: What kind of indorsement should Janet have used to protect herself in this situation.
PLEASE TYPE YOU ANSWER THIS QUESTION IS FOR BUSINESS LAW II
THANKS
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Answer #1

By signing on back of the cheque Janet, has made an indorsement to pay to third-party, hence another person was able to cash the check.

To protect herself Janet should have not signed the back of check.

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