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Question
In accord with banking industry practices, U.S. Bank's computers are programmed to verify signatures only on checks exceeding $1,000. U.S. Bank cashes a check for $900 on the forged signature of its customer Vicky. Under the revised UCC Article 3, with respect to reasonable commercial standards, U.S. Bank isa. definitely liable.
b. definitely not liable.
c. liable if any other bank verifies all signatures on all processed checks.
d. liable if Vicky has never written or cashed a check for more than $899.
Answer
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