Which statement best describes standard bankcustomer agreements?

a.

Standard banking contracts are designed primarily to protect the customer not the bank.

b

Standard banking contracts are designed primarily to protect the bank not the customer.

c

Standard banking contracts do not usually allocate the risk of loss resulting from problems verifying the customer's authority.

d

Standard banking contracts do not normally grant authority for the bank to transfer funds from an account with a positive balance to one that is overdrawn.