Question

Horace can write checks on his account at intercity bank. jemma steals the checks, forges horace's signature, and cashes the checks at intercity. the bank is excused from any liability if, after receipt of the first forged check, horace fails to report the forgeries within​

Answer 1

The bank is excused from any liability if, after receipt of the first forged check, Horace fails to report the forgeries within​ one year.