Which of the Following Is Correct with Respect to a Bank

question 35

Multiple Choice

Which of the following is correct with respect to a bank customer's duty to discover and report unauthorized signatures?

• A) The customer is required to exercise reasonable promptness in examining the bank statement.
• B) This duty of examination includes the signatures of payees or indorsers.
• C) The bank is liable on all items with unauthorized signatures even if these canceled checks were returned to the customer four years prior to the discovery of the alterations.
• D) The bank customer must report an unauthorized indorsement within one year of its occurrence.

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Definitions:

Epidermis

The outermost layer of cells in plants and animals that serves as a protective barrier against environmental elements.

Prepared Childbirth

Developed by French obstetrician Ferdinand Lamaze, this childbirth strategy is similar to natural childbirth but includes a special breathing technique to control pushing in the final stages of labor and a more detailed anatomy and physiology course.

Natural Childbirth

This method attempts to reduce the mother’s pain by decreasing her fear through education about childbirth and relaxation techniques during delivery.

Lamaze

A childbirth preparation technique that emphasizes breathing, relaxation, and coping strategies for labor.