Chapter 24-Work Set TRUE-FALSE QUESTIONS 1. If a bank pays a stale check in good faith without consulting the customer, the bank cannot c customer's account. charge the 2 If a bank receives an item payable from a customer's account in which there are cannot pay the item. 3 A bank in the collection chain must normally pass a check on before midnight of the next following receipt. 4. The rights and duties ofa bank and its customers are insufficient funds, the bank banking day partly contractual. 5. All funds deposited in all bank accounts must be available for withdrawal no later than the next business day effective as the signature of the person whose name is signed. as 6. A forged drawer's signature on a check is 7. If a bank fails to honor a customer's stop-payment order, it may be liable to the customer for more than amount of the loss suffered by the drawer because of the wrongful payment. rCTIONS LOr OL