What duties does a bank owe its depositor/drawer?
A)Pay every check presented to it.
B)Compare the signature on the depositor's check with the signature on file.
C)Enforce a stop payment order for up to ninety days.
D)Refuse to pay any check which would cause an overdraft on the account.

Question

Quizplus · Accepted Answer

Banks are required to verify the signature on checks against the signature on file to prevent fraud.

What Duties Does a Bank Owe Its Depositor/drawer