If a bank pays a check after it has received a stop-payment order and has to reimburse its customer for the improperly paid check, it acquires all the rights of its customer against the person to whom it originally made payment, except for rights arising from the transaction on which the check was based.
Correct Answer:
Verified
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Q19: A check that bears a forged signature
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Q23: Check 21 contains a special refund procedure,
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