If a bank pays a forged check,it is liable for ________ the payee's funds.

Name: If a bank pays a forged check,it is liable for ________ the payee's funds.
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When a bank pays a forged check, it is considered to have converted the payee's funds, meaning the bank has taken the payee's funds without their consent or authorization. As a result, the bank is liable for the amount of the forged check and any damages caused by the conversion.

If a Bank Pays a Forged Check,it Is Liable for ________