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With Respect to the Banking Relationship Between a Bank and Its

Question 14

Multiple Choice

With respect to the banking relationship between a bank and its customer,which of the following would a business law professor most likely indicate as being an duty imposed upon the customer by common law?


A) to make use of restrictive endorsements whenever possible
B) to maintain adequate funds for issued cheques in an account
C) to detect unauthorized instructions within a reasonable time
D) to safeguard PINs from unauthorized use

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