Celine issues a note "payable to the order of Celine," forges Dash's signature as the maker, and indorses the note "pay to Erica.". Celine sells the note to Erica, who negotiates it by indorsement and delivery to Forest. Forest can extend liability to
a. no one.
b. Celine.
c. Dash.
d. all of the parties.
B
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