Question: Chapter 1 7 # 1 0 - A company made a deposit at its bank by using the night depository box. The company's account was

Chapter

17

10 -

A company made a deposit at its bank by using the night depository box. The company's account was not credited, and the bank denied any responsibility because the company's representative had signed an agreement providing that "the use of the night depository facilities shall be at the sole risk of the customer." Is this clause valid? Explain

Chapter 17 #10- A company made a deposit at its bank

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