Question

First State Bank pays a check over the forged signature of the drawer, Greg, who is a First State customer. First State must recredit Greg's account for the entire amount of the check if
a. the amount of the check was less than $1,000.
b. the amount of the check was more than $2,500.
c. the bank failed to exercise ordinary care in paying the check.
d. Greg's negligence substantially contributed to the forgery.

Answer

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