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

question 37

Multiple Choice

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.

• A) 90 Days
• B) 120 Days
• C) 180 Days
• D) 9 Months
• E) 1 Year

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Definitions:

Marketing

The process of promoting, selling, and distributing a product or service.

Quality Standards

Preset criteria that products, services, or processes must meet to ensure they are fit for their purpose and meet customer or regulatory requirements.

Tangible Product

A physical item that can be seen, touched, and possessed, in contrast to services or digital goods.

Subjective

Pertains to or is influenced by personal feelings, tastes, or opinions.