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A Customer Who Has Been Negligent May Share Liability with the Bank

question 53

True/False

A customer who has been negligent may share liability with the bank, when the bank is also negligent.


Definitions:

Stock Split

A process initiated by a corporation to split its current stock into several shares in order to increase the shares' liquidity.

Market Price

The current price at which an asset or service can be bought or sold in the financial markets.

Dividend Per Share

The total dividends declared by a company divided by the number of outstanding shares.

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