Multiple Choice
If a drawer is negligent and contributes to the forgery or alteration of a check, the _____.
A) bank can charge the drawer for the amount
B) bank is liable to the drawer for the amount
C) check is not payable from the customer's account
D) bank must pay the instrument out of its own funds
Correct Answer:
Verified
Correct Answer:
Verified
Q17: Any person authorized to draw a check
Q18: A written stop-payment order is:<br>A) valid for
Q19: Even when a bank receives a properly
Q20: Which of the following is a factor
Q21: The customer may give an oral stop-payment
Q23: The time requirements for notice of postdated
Q24: Revised Article 3 of the Uniform Commercial
Q25: What are the different electronic funds transfer
Q26: Which of the following statements is true
Q27: Article 2 of the Uniform Commercial Code