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Summary: The Uniform Commercial Code

291 Words2 Pages

The Uniform Commercial Code, section 4-406, addresses the responsibility of the bank verses the customers in a paper society. While commerce is evolving to a technological world, there are some foreseeable reasons to evaluate this section of the UCC because of the reliability of human interaction. The relationship between the customer and the bank was very relevant to conduct business in the banking system, as swift as laws and codes change to protect cyber banking, more of the responsibility or duty is placed on the customer. As we examine these two codes, with a focus on forgery, we will analysis the facts of a case in relationship of the codes. Then explore the current paperless society and the duty of banks, business and customers to

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