A bank may contractually shift to the customer the risk of forged checks created by the use of facsimile or other nonmanual signatures.

Question

Quizplus · Accepted Answer

Banks can contractually include provisions where they shift the risk of forged checks created by the use of facsimile or other nonmanual signatures to the customer. However, such provisions must be explicitly stated in the contract and agreed upon by both parties.

A Bank May Contractually Shift to the Customer the Risk