A bank that fails to detect an alteration to its customer's check is liable to the customer for the loss.

Name: A bank that fails to detect an alteration to its customer's check is liable to the customer for the loss.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A bank has a duty to exercise reasonable care in processing its customer's checks. If it fails in this duty and fails to detect an alteration to a customer's check, the bank can be held liable for any resulting loss.

A Bank That Fails to Detect an Alteration to Its