When a bank pays a check on which the drawer's signature is forged,generally the bank suffers the loss.
Correct Answer:
Verified
Q15: A customer who fails to examine a
Q21: Deferred posting is the process of dishonoring
Q22: Elmo pays First Star Bank $1,000 plus
Q23: Rikki writes a check "pay to the
Q24: The bank on which a check is
Q27: A payor bank is also a collecting
Q28: A bank that pays a customer's check
Q29: A bank is never obligated to recredit
Q30: Simplex Wholesalers,Inc. ,asks Theta Purchasing Com?pany to
Q31: Digital cash consists of funds stored on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents