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In the Case in the Text,Valley Bank of Ronan V

Question 69

Multiple Choice

In the case in the text,Valley Bank of Ronan v.Hughes,the court held that:


A) the bank was liable because it was negligent.
B) the bank failed to exercise ordinary care when it assured Hughes that the check was as good as cash.
C) failure of any bank to exercise ordinary care affects its charge back rights.
D) the bank's actions with regard to check processing was irrelevant when determining whether it exercised ordinary care when exercising its charge back rights.

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