Solved

A Bank's Customer Whose Signature Has Been Forged May Be

Question 35

True/False

A bank's customer whose signature has been forged may be barred from holding the bank liable if the customer's negligence substantially contributed to the making of the forgery.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q13: Funds transfers made by businesses are governed

Q18: A bank always is liable to the

Q22: Customers are precluded from asserting unauthorized signatures

Q30: A written stop payment order is effective

Q31: If a bank improperly refuses to make

Q34: In the case of either a check

Q36: A bank must be given a reasonable

Q39: Checks that involve amounts of more than

Q39: A bank is not required to pay

Q40: If oral,a stop payment order is binding