If a Customer Does Not Notify the Bank of an Unauthorized

question 16

Multiple Choice

If a customer does not notify the bank of an unauthorized signature within ________ days after the statement has been made available,she cannot hold the bank liable for the payment under the UCC.

• A)60
• B)20
• C)45
• D)30
• E)10

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Definitions:

Meta-analysis

A statistical technique that combines the results of multiple scientific studies to identify patterns, differences, or effects that the individual studies may be too small to detect on their own.

Statistical Significance

A mathematical measure indicating that the observed results are not likely due to chance, supporting the hypothesis being tested.

Estimated

Approximated or calculated based on available information or data, often used in the context of measurements or quantifications.

Mortality

The state of being subject to death; often used statistically to refer to the rate of death in a population.