Multiple Choice
Fact Pattern 25-1Marlene loses her Neighborly Bank access card. She realizes her loss the next day but waits a week to call the bank. Meanwhile, Odell finds and uses Marlene's card to withdraw $3,000 from Marlene's account.
-Refer to Fact Pattern 25-1.When Marlene receives her Neighborly Bank statement,she demands that the bank investigate the matter and recredit his account.The bank
A) has no duty to investigate.
B) must investigate and, if the dispute is not resolved within ten days, recredit Marlene's account (at least until the dispute is resolved) .
C) must investigate and immediately recredit Marlene's account (at least until the dispute is resolved) .
D) must investigate but need not recredit Marlene's account.
Correct Answer:

Verified
Correct Answer:
Verified
Q20: The Check Clearing in the 21st Century
Q23: The first bank to receive a check
Q34: Mary writes a check drawn on County
Q37: Dhani signs a check "pay to the
Q50: Any local check deposited must be available
Q53: A customer can escape liability for failing
Q61: A customer has two days to discover
Q63: Drew signs a check "pay to the
Q64: Albert buys a surround sound system from
Q67: TriState Bank agrees to accept a check