True/False
If a customer does not discover a forged check and report it to the bank within one year from the time of the statement containing the check,the bank is not obligated to recredit his account for the amount of the forged check.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q45: Mike buys a new $25,000 turbocharged Dodge
Q46: If a bank pays a check after
Q47: Which of the following defeats a bank's
Q48: A bank will be liable if it
Q49: Hailey wrote a check for Marsha,her landlady,on
Q51: Which of the following refers to the
Q52: Under Article 4,which of the following refers
Q53: Which of the following do a certified
Q54: The time period within which a customer
Q55: Boston Bank receives one of their payable