If a bank fails to detect an alteration on a customer's check,it is liable to its customer for the loss.

Name: If a bank fails to detect an alteration on a customer's check,it is liable to its customer for the loss.
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

Banks have a duty to exercise reasonable care in detecting alterations on checks, and if they fail to do so, they can be held liable for any resulting loss to the customer.

If a Bank Fails to Detect an Alteration on a Customer's