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:

Database Management

Involves the practices and technologies aimed at effectively organizing, storing, managing, and retrieving data in databases.

Untargeted Method

A marketing strategy that does not focus on a specific demographic or audience segment, instead aiming to reach as broad an audience as possible.

Media Cooperation

The partnership or collaborative efforts between different media outlets or between businesses and media outlets for promotional or informative purposes.

Sales Promotion

Marketing activities aimed at increasing consumer demand and stimulating sales for a limited period.