Fact Pattern 27-1A (Questions A17 and A18 Apply)

question 5

Multiple Choice

Fact Pattern 27-1A (Questions A17 and A18 apply)
Mike loses his National Bank access card.He realizes his loss the next day but waits a week to call National.Meanwhile,Opal finds and uses Mike's card to withdraw $3,000 from Mike's account.
-Refer to Fact Pattern 27-1A.When Mike receives his National statement,he demands that the bank investigate the matter and recredit his ac?count.The bank

• A)has no duty to investigate.
• B)must investigate and,if the dispute is not resolved within ten days,recredit Mike's account (at least until the dispute is resolved).
• C)must investigate and immediately recredit Mike's account (at least until the dispute is resolved).
• D)must investigate but need not recredit Mike's account.

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Definitions:

Joseph McCarthy

An American politician who served as a U.S. Senator from Wisconsin and is best known for his anti-communist activities and the resulting "McCarthyism" during the early 1950s.

Voting Rights Act

A landmark piece of federal legislation in the United States that prohibits racial discrimination in voting.

1965

A significant year marked by events like the passage of the Voting Rights Act in the United States, aimed at overcoming legal barriers at the state and local levels that prevented African Americans from exercising their right to vote.

Establishment Clause

A provision within the First Amendment of the U.S. Constitution that prohibits the government from establishing an official religion or unduly favoring one religion over another.