A bank is within its rights to ask a customer to sign a form to:
A)disclaim its responsibility to act in good faith.
B)limit its liability for a stop-payment order or damages if it fails to obey the order.
C)disclaim its duty to exercise ordinary care in paying a check over a stop-payment order.
D)limit its liability for negligence.

Question

Quizplus · Accepted Answer

The bank may ask the customer to sign a form in which the bank tries to disclaim or limit its liability for the stop-payment order or for damages if it fails to obey the stop-payment order.The bank cannot disclaim its responsibility for its failure to act in good faith or to exercise ordinary care in paying a check over a stop-payment order.

A Bank Is Within Its Rights to Ask a Customer