The Reserve Bank may recover from the sender the attorneys' fees if an action is brought against a Reserve Bank on the basis of:
A) Failure of sender to have authority to make the required warranties and agreements
B) Any action by the Reserve Bank within the scope of its authority in handling the item
C) Any warranty made by the Reserve Bank
D) All of the above
Correct Answer:
Verified
Q172: Cash items' payment proceeds must be available
Q173: By presentation or transmission of an item
Q174: The liability of paying and returning banks
Q175: Reserve Banks must issue operating circulars, which,
Q176: The Reserve Bank may recover by charging
Q178: Any of the following foreign correspondents for
Q179: Time to bring action against a Reserve
Q180: While Presenting items for payment:
A) A Reserve
Q181: Implemented by _, EFTA is intended to
Q182: Payment to a beneficiary is made at
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