To Hold the Bank Liable for Payment of a Check

question 45

Short Answer

To hold the bank liable for payment of a check with a forged indorsement, the drawer must report the forgery within ____________________.

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Definitions:

Filters

Mechanisms or criteria used to screen, select, or refine information or choices.

Exonerating Circumstances

Situations or conditions that relieve someone from any blame or guilt in a given scenario.

Negotiators

Individuals or parties engaged in discussions aimed at reaching an agreement or resolving a conflict.

Positions

The locations or arrangements in which something is situated, or the stance taken by a person in an argument.