A bank is absolutely liable to the drawer-depositor for paying any checks that have been materially altered.

Name: A bank is absolutely liable to the drawer-depositor for paying any checks that have been materially altered.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A bank may not be held liable for paying a materially altered check if it can prove that the drawer's negligence substantially contributed to the alteration or that the bank paid the check in good faith and in accordance with reasonable commercial standards.

A Bank Is Absolutely Liable to the Drawer-Depositor for Paying