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When Both the Bank and the Customer Failed to Use

question 72

True/False

When both the bank and the customer failed to use ordinary care to prevent alteration or forgery of checks then a comparative negligence is used to determine liability for damages.


Definitions:

Reporting Pay

A policy requiring employers to pay workers for a minimum number of hours even if they are sent home early or work less than the intended schedule.

Scheduled Hours Pay

Compensation for employees based on the hours they are scheduled to work, potentially including pay for unworked hours due to a minimum notice period for schedule changes.

Guaranteed Hours Pay

A compensation system where employees are assured a minimum number of paid hours, even if they work less than this minimum in a given period.

Union Contracts

Legal agreements between labor unions and employers that outline wages, benefits, working conditions, and other employment terms.

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