In Circumstances Where a Bank Has Been Left with Liability

question 47

Multiple Choice

In circumstances where a bank has been left with liability for a forged cheque,why should every party accepting that cheque have verified the authenticity of the endorsements on it?

• A) The bank will deduct the value of the worthless cheque from any endorser's account.
• B) A verification agreement will entitle the bank to recover assets of endorsers.
• C) Without a special endorsement,collection may be a problem.
• D) All prior endorsers risk the bank's recovery efforts.

---

Definitions:

Restraints

Devices or methods utilized to restrict a person's freedom of movement or access to their body, often used in medical or safety contexts to prevent harm.

Pediatric Oncology

A medical specialty focusing on the diagnosis and treatment of cancers affecting children.

Orthopedic Trauma

Injuries affecting the musculoskeletal system, including bones, joints, ligaments, and tendons, typically requiring immediate medical attention.

Nurse Manager

A registered nurse who oversees the operations of a nursing unit, coordinating patient care and managing staff.