In the case of multiple forgeries by the same wrongdoer,if a customer examines a bank statement and does not notify the bank of the first forgery within the time required by the Uniform Commercial Code,what is the effect on subsequent forgeries assuming the bank is not negligent?
A)There is no effect,because each forgery stands on its own.
B)The customer is barred from recovering on the subsequent forgeries.
C)Despite the default time limitation imposed by the Uniform Commercial Code,the customer may recover on the subsequent forgeries if they are reported to the bank within 60 days after the customer receives the bank statement showing the first forgery.
D)Despite the default time limitation imposed by the Uniform Commercial Code,the customer may recover on the subsequent forgeries if they are reported to the bank within 90 days after the customer receives the bank statement showing the first forgery.
E)Despite the default time limitation imposed by the Uniform Commercial Code,the customer may recover on the subsequent forgeries if they are reported to the bank within 180 days after the customer receives the bank statement showing the first forgery.

Question

Quizplus · Accepted Answer

If a customer examines a bank statement and does not notify the bank of the first forgery within 30 days,the customer will be liable for future forgeries on the customer's account by the same wrongdoer.

In the Case of Multiple Forgeries by the Same Wrongdoer,if