Multiple Choice
Thomas received his March checking account statement and then his April statement,but he failed to reconcile these statements with his bank records.The bank statements included a list of check numbers,amounts and dates of payment,but not the canceled checks.Unbeknownst to Thomas,Brian had been stealing blank checks,forging Thomas's name,and passing the checks as payment for goods and services during the months of March and April.The bank was not careless in paying the checks.When Thomas got his May monthly bank statement,he examined the statements for all three months.It was then he realized that his account balance showed $2000 less than what it should,and he began to investigate.If Thomas sues the bank for total reimbursement for the forged checks,Thomas will:
A) lose because Thomas did not report the forgeries within 30 days of receiving his monthly bank statements.
B) win because the bank did not send him the canceled checks.
C) win because the bank paid a check on which Thomas's name was forged.
D) win because this is a breach of contract by the bank.
Correct Answer:

Verified
Correct Answer:
Verified
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