is responsible for a check when a customer has been adjudicated incompetent but the bank does...
is responsible for a check when a customer has been adjudicated incompetent but the bank does not have knowledge of the adjudication.
Multiple Choice
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The payee
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The guardian of the customer
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The customer
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The bank
Homework Answers
Option '4' is correct
The bank
Bank is responsible for a check when a customer has been adjudicated incompetent but the bank does not have knowledge of the adjudication.
Customer is responsible when there is negligence on his part. for example. Bank pays check that had been fraudulently endorsed, but customer reports forgery later etc
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is responsible for a check when a customer has been adjudicated
incompetent but the bank does...
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