Regardless of the care used in cashing a check by the bank,a customer must report a forgery within ________ from the date the bank statement showing the forgery is available to the customer or the customer will lose the right to recover.

Question

Quizplus · Accepted Answer

A)Regardless of the 30-day requirement for multiple forgeries or the care used in
cashing a check,a customer must report a forgery within one year from the date the statement is available to the customer or he will lose the right to recover that money [UCC 4-406f)].
B)Regardless of the 30-day requirement for multiple forgeries or the care used in cashing a check,a customer must report a forgery within one year from the date the statement is available to the customer or he will lose the right to recover that money [UCC 4-406f)].
C)Regardless of the 30-day requirement for multiple forgeries or the care used in cashing a check,a customer must report a forgery within one year from the date the statement is available to the customer or he will lose the right to recover that money [UCC 4-406f)].
D)Regardless of the 30-day requirement for multiple forgeries or the care used in cashing a check,a customer must report a forgery within one year from the date the statement is available to the customer or he will lose the right to recover that money [UCC 4-406f)].
E)Regardless of the 30-day requirement for multiple forgeries or the care used in cashing a check,a customer must report a forgery within one year from the date the statement is available to the customer or he will lose the right to recover that money [UCC 4-406f)].
Page Ref: 648
Topic: When a Bank May Charge a Customer's Account

Regardless of the Care Used in Cashing a Check by the Bank,a