Which of the Following Statements Is True Concerning Multiple Forgeries

Multiple Choice

Which of the following statements is true concerning multiple forgeries and alterations?

A) A customer cannot hold the bank responsible for paying,in good faith,any altered checks after he/she receives the statement of account.
B) A bank will be held liable for honoring altered checks which were presented to the bank multiple times.
C) A customer bears the responsibility for any forgeries and subsequent forgeries that take place,even if he/she has notified the bank.
D) A bank will be held liable even if it proves that it suffered a loss due to the customer's failure to examine his/her statement and notify the bank.