In Which of the Following Cases Is a Bank Considered

question 80

Multiple Choice

In which of the following cases is a bank considered liable for unauthorized payments?

• A)The bank does not attach canceled checks to the monthly statements of account.
• B)The bank does not provide images of paid checks online.
• C)The bank destroys original copies of canceled checks not sent to customers after seven years from the date of the check.
• D)The bank does not provide sufficient information on checks paid to customers in their monthly account statements.

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Definitions:

Partially Forms

Entities or compounds that are not fully developed or completely produced in a chemical process.

Electrolytes

Substances that dissociate into ions in solution, capable of conducting electricity.

Electrolytes

Substances that dissolve in water to produce a solution that conducts electricity due to the movement of ions.

Electrolytes

Substances that produce an electrically conducting solution when dissolved in a polar solvent, like water, essential for bodily functions.