53. Coki receives a payroll check from Data Solutions Inc. and indorses it by signing her name o n the back of the check and includes "For Deposit Only. This is a. A blank indorsement b. A qualified indorsement c. A restrictive indorsement d. A special indoresement Chapter 24 54. A check may fall under Uniform Commercial Code Article 3 as a negotiable instrument and b e subject to UCC Article 4 in the course of collection. a True b. False 55. Debit cards represent the most common type of negotiable instrument. a. True b. False 56. When a bank certifies a check, the bank is agreeing in advance to accept the check when it is presented for payment and to make payment with funds reserved for the purpose. a. True b. False 57. When a customer makes a deposit into a checking account, the customer becomes a debtor, and the bank a creditor, for the amount deposited. a. True b. False 58. When a bank wrongfully dishonors a check, it is liable to the customer for any resulting dam ages a. True b. False 59. A bank must re-credit a customers account when the bank pays a check on which the drawer's signature is forged. a. True b. False 60. With respect to processing checks for payment, the Uniform Commercial Code governs ther elationships of banks with a. Their customers b. The Federal Reserve c. Only other banks d. All of the above