A ________ cannot disclaim the bank's responsibility for its own lack of good faith or failure to exercise ordinary care.
A)statute
B)deposit agreement
C)creditor
D)drawer

Question

Quizplus · Accepted Answer

The deposit agreement cannot disclaim the bank's responsibility for its own lack of good faith or failure to exercise ordinary care or limit the measure of damages for the lack or failure;however,the parties may determine by agreement the standards by which to measure the bank's responsibility so long as the standards are not manifestly unreasonable.

A ________ Cannot Disclaim the Bank's Responsibility for Its Own