The Standard of Due Diligence Would Require a Bank to Foresee

question 33

True/False

The standard of due diligence would require a bank to foresee the possibility of a robbery.

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Definitions:

Sufficient Information

The minimum amount of data required to make an informed decision or conclusion.

Cooperatively Motivated

The inclination to work together with others towards a common goal or benefit.

Trust

A strong conviction in the dependability, accuracy, capability, or robustness of a person or entity.

Motivating Factors

Elements or conditions that induce an individual to act or perform in a certain manner, driving engagement and effort.