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National Bank's Policy Is to Examine Signatures Only on Checks

Question 2

Multiple Choice

National Bank's policy is to examine signatures only on checks exceeding $2,500.Checks for lesser amounts are selected randomly for signature verification.National fails to verify a forged drawer's signature on a check for $1,500 drawn on Odel's account.Most likely liable for the amount is


A) National Bank for a failing to exercise due care.
B) National Bank's other customers to whom the loss can be "spread."
C) Odel on the ground that she was a fictitious drawer.
D) the specific National employee who did not verify the signature.

Correct Answer:

verifed

Verified

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