Which statement best describes the nature of the legal relationship between the bank and customer in terms of the customer's deposit with the bank?
A) The relationship is governed entirely by the common law of contract.
B) The bank is a creditor and the customer is the debtor.
C) The bank is always a fiduciary to the customer.
D) The bank is the debtor and the customer is a creditor.
Correct Answer:
Verified
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