The drawer's failure to report a forged or altered check to the bank within one year of receiving the bank statement and canceled checks containing it relieves the bank of any liability for paying the instrument.
Correct Answer:
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Q69: Article 4 of the UCC sets forth
Q70: In a relationship that is created when
Q71: A cashier's check is a single-party check.
Q72: The drawer of the check is the
Q73: To require a bank to abide by
Q75: An oral order to stop payment of
Q76: A check that has been outstanding for
Q77: Checks are the most common form of
Q78: The party to whom the check is
Q79: Article 4A of the UCC establishes rules
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