In Case a Check Is Altered So Skillfully That a Bank

question 5

Multiple Choice

In case a check is altered so skillfully that a bank is unable to detect the alteration,which of the following stands true?

• A)The bank should honor only those checks for which it receives a notice from the drawer.
• B)The bank is allowed to charge to the account the amount for which the check originally was written.
• C)The bank will be liable to recredit the drawer's account for negligence.
• D)The bank will hold the drawer responsible for contributing to the alteration of the check.

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Definitions:

One-on-one Interviews

A qualitative research method involving a structured or semi-structured conversation between a researcher and a participant to gather in-depth information.

Scientific Method

A method of procedure consisting of systematic observation, measurement, experiment, and the formulation, testing, and modification of hypotheses.

Systematic Way

A method based on a deliberate plan of action or procedure that follows a logical sequence or structure.

Paradigm

A set of assumptions, theories, and perspectives that makes up a way of understanding social reality.