When the customer's negligence substantially contributes to a forgery, the bank normally is still obliged to recredit the customer's account.

Name: When the customer's negligence substantially contributes to a forgery, the bank normally is still obliged to recredit the customer's account.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

If a customer's negligence substantially contributes to a forgery, the bank may not be obliged to recredit the customer's account, as the customer may be held partially responsible for the loss.

When the Customer's Negligence Substantially Contributes to a Forgery, the Bank