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    Business Law Study Set 4
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    Exam 34: Checks and Electronic Transfers
  5. Question
    ________ Is When a Bank Observes the Reasonable Commercial Standards
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________ Is When a Bank Observes the Reasonable Commercial Standards

Question 57

Question 57

Multiple Choice

________ is when a bank observes the reasonable commercial standards prevailing among other banks in the area in which it does business.


A) Good faith
B) Ordinary care
C) Reasonable care
D) Due care

Correct Answer:

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