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Elmer Can Write Checks on His Account at Finance City

Question 32

Multiple Choice

Elmer can write checks on his account at Finance City Bank.Gina steals the checks,forges Elmer's signature,and cashes the checks at Finance City.The bank is excused from any liability if,after receipt of the first forged check,Elmer fails to report the forgeries within


A) five days.
B) fourteen days.
C) one year.
D) three years.

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