Multiple Choice
Dan received his bank statement on Monday.On the following Friday,he noticed an omitted electronic transfer and called the bank informing it of the error.The bank:
A) must investigate and report to Dan within ten business days.
B) if it discovers an error, must recredit Dan's account, including interest, within one business day.
C) if it finds no error, must give Dan a full, written explanation within three business days of so finding.
D) if it cannot complete its investigation within ten business days, must provisionally credit Dan's account, including interest, pending the termination of its investigation, which must be completed within 45 calendar days.
E) All of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q32: Negotiation means an instrument has been transferred:<br>A)
Q33: Faye has been declared incompetent by a
Q34: Shane called his bank and asked that
Q35: Maria writes a check for $120 on
Q36: If West Side Bank pays a $350
Q38: The transferee's rights in non-negotiable commercial paper
Q39: On March 14 Michael wrote checks to
Q40: To be negotiable an instrument need not
Q41: An oral stop payment order is valid
Q42: A "holder" of order paper can best