A Bank Always Is Liable to the Depositor on a Counterfeit

question 18

True/False

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

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Definitions:

Greensboro Sit-in

A series of nonviolent protests in 1960 which started when four African American students sat at a segregated lunch counter in Greensboro, North Carolina, challenging racial segregation.

Militancy

The use of confrontational or violent methods in support of a political or social cause, often characterized by a radical approach to achieving objectives.

Marxism

A socio-economic ideology which argues that class struggle is a central element in the analysis of social change in Western societies, developed by Karl Marx.