A Bank Does Not Owe a Duty to Its Customer

question 43

True/False

A bank does not owe a duty to its customer to pay any checks out of the account that are more than six months old.

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Definitions:

Learning and Motivation

The psychological processes that involve the acquisition of new knowledge, skills, behaviors, or preferences, and the factors that guide one's propensity to engage in and persist in such learning activities.

Applied Learning

An educational approach focusing on applying knowledge and skills to real-world situations and problems.

Pharmacology

The branch of medicine concerned with the uses, effects, and modes of action of drugs.

IQ Testing

The assessment of a person's intellectual capabilities and potential through a series of standardized tasks and puzzles.