True/False
In every situation involving a forged drawer's signature or an alteration, a bank must observe reasonable commercial standards of care in paying on a customer's check.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q31: Martha has a checking account with Homeplace
Q32: A stop-payment order is an order by
Q33: Dru signs a check "pay to the
Q34: A forged signature on a check has
Q36: A customer who fails to report a
Q37: Check 21 requires banks to change their
Q38: Valley Bank retains the cancelled checks of
Q39: When receiving a stale check for payment,
Q40: If a bank wrongfully dishonors a cashier's
Q52: On an automated teller machine (ATM)belonging to