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A Bank Always Is Liable to the Depositor on a Forged

question 38

True/False

A bank always is liable to the depositor on a forged check that the bank has paid.


Definitions:

Over-Estimating

In psychology, this refers to the cognitive bias where individuals predict that they are more likely to experience positive outcomes and less likely to endure negative ones compared to statistical evidence or past experiences.

Phenylketonuria

A genetic disorder that leads to the inability to metabolize the amino acid phenylalanine, requiring a strict diet to prevent intellectual disability and other health issues.

Egocentrism

The inability to differentiate between self and other, often leading to an individual perceiving, understanding, and interpreting the world primarily from their own perspective.

Narcolepsy

A chronic sleep disorder characterized by overwhelming daytime drowsiness and sudden attacks of sleep, often linked to abnormal REM sleep patterns.

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