Under revised Article 3 of the Uniform Commercial Code,when multiple forgeries are made by the same wrongdoer,the customer generally cannot hold the bank responsible for paying,in good faith,any such checks after an alteration was available to the customer for a reasonable period,not exceeding:

Question

Quizplus · Accepted Answer

Revised Article 3 of the Uniform Commercial Code provides a special rule to govern the situation in which the same wrongdoer makes a series of unauthorized drawer's signatures or alterations. The customer generally cannot hold the bank responsible for paying, in good faith, any such checks after the statement of account or item that contained the first unauthorized customer's signature or an alteration was available to the customer for a reasonable period, not exceeding 30 calendar days.

Under Revised Article 3 of the Uniform Commercial Code,when Multiple