A customer can escape liability for failing to notify the bank of forged or altered checks when the customer can prove that the bank was negligent.
Correct Answer:
Verified
Q3: An agency relationship arises between the customer
Q4: A written stop payment order is only
Q5: The Uniform Commercial Code regulates checks.
Q6: The incompetence of a customer revokes a
Q7: A certified check is a check that
Q9: A customer can stop payment on a
Q10: When receiving a stale check for payment,
Q11: A bank's duty to honor its customer's
Q12: The death of a customer immediately revokes
Q13: When a bank draws a check on
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