Multiple Choice
Boris can write checks on his account at City Bank. Demi steals the checks, forges Boris's signature, and cashes the checks at City. The bank is excused from any liability if, after receipt of the first forged check, Boris fails to report the forgeries within
A) one month.
B) one day.
C) one year.
D) six months.
Correct Answer:

Verified
Correct Answer:
Verified
Q59: When a bank pays a check on
Q60: Stored-value cards can be used to buy
Q61: A customer has two days to discover
Q62: Joni writes Keizer an uncertified check for
Q63: A bank is not obligated to pay
Q66: Misty's debit card, issued by National United
Q67: On Friday morning, Geoff deposits into his
Q67: Franco buys a sound system from Grey
Q68: A bank's duty to honor its customer's
Q69: Gillis writes a check to Harley as