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Evaluate the following statement: “If a signature on a check is forged, the customer will never be responsible for the amount on the check.”
This is true ! Generally, if anybody forges a sign on a cheque, the individual whose sign was forged isn’t then obliged to honour that cheque, & their banking firm doesn’t have to pay it. The cheque with a forged sign is just a worthless paper i.e. a ‘nullity’.
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