In Accord with Banking Industry Practices,US Bank's Computers Are Pro?grammed

question 4

Multiple Choice

In accord with banking industry practices,US Bank's computers are pro?grammed to verify signatures only on checks exceeding $1,000.US Bank cashes a check for $900 on the forged signature of its customer Vita.Under UCC Article 3,with respect to reasonable commercial standards,US Bank is

• A)definitely liable.
• B)definitely not liable.
• C)liable if any other bank verifies all signatures on all checks.
• D)liable if Vita has never written or cashed a check for more than $899.

---

Definitions:

Enclosure

An additional document or item that accompanies a letter or package.

Sales Messages

Communications aimed at persuading potential buyers about the value or benefits of a product or service.

Controversial

Controversial describes something that is likely to create disagreement or argument.

Emails

Electronic messages sent or received over a computer network, commonly used for personal, commercial, or academic correspondence.