Britney loses her Campus Bank access card. She realizes her loss the next day but waits a week to call the bank. Meanwhile, Drake finds and uses Britney's card to withdraw $3,000 from Britney'saccount.? Refer to Fact Pattern 24-1. When Britney receives her Campus Bank statement, she demands that the bank investigate the matter and recredit his account. The bank
A) has no duty to investigate
B) must investigate and, if the dispute is not resolved within ten days, recredit Britney'saccount (at least until the dispute is resolved).
C) must investigate and immediately recredit Britney'saccount (at least until the dispute is resolved).
D) must investigate but need not recredit Britney'saccount.
B
You might also like to view...
Loans to company employees should be included with accounts receivable on the balance sheet
Indicate whether the statement is true or false
Negotiability gives commercial paper a high degree of marketability and commercial utility by allowing it to be freely transferable and enforceable by a holder in due course
Indicate whether the statement is true or false
Even if a manager's estimate of a demand curve is not exact, there is usually a profitable range around the price that would maximize profit.
Answer the following statement true (T) or false (F)
If All-City Sports is being charged a higher price for the baseball, softball, and soccer equipment by Haskins Manufacturing than the manufacturer charges larger firms, of what practice would All-City Sports be the victim?
A. Price-fixing B. Price discrimination C. A community of interest D. Tying agreements