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The Duty of Care Exercised by a Collecting Bank in Handling

Question 59

Multiple Choice

The duty of care exercised by a collecting bank in handling an item transferred to it for collection does not include:


A) taking care in presenting the item.
B) that it must act within a reasonable time after receipt of the bank item.
C) taking care in routing.
D) taking care in selecting intermediary banks.
E) All of these are duties of care of collecting banks.

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