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 Passage Four

  Why is there no risk to the customer when a bank prints the customer’s name to his cheques?

Wenn yone opens a cuITent account at a bank,he is lending the bank money,repay.ment of which he mayDemand at any time,either in cash or by Drawing a check in favor of an-other person. Primarily,the bank customer relationship is that of Debtor and creditor who iswhich Depending on whether the customers account is in credit or overdrawn.But.in additionto that basically simple concept,the bank and its customer owe a large number of obligations toone another.Many of these obligations Can give rise to problems and complications but a bankcustomer,unlike,say,a buyer of goods,cannot complain that the law is loaded against him.The bank must obey its cUStomers instructions,and not those of anyone else.When, forexample,a customer first opens an account,he instructs the bank toDebit(把……记入借方)his aecount only in respect of ehecksDrawn by himself.He gives the bank specimens of his819nature,and there is a very firm rule that the bank has no right or authority to pay out acustomer’s money on a check on which its customers signature has been forged.It makes nodifference that the fbrgery may haye been a very skillful one:the bank must recogllize itscustomers signature.For this reason there is no risk to the customer in the practice,adoptedday banks,of printing the customers name on his checks.If this facilitates forgery,it is thebank which will lose,not the customer. 

When you have a bank account,you_________.

  • A.must always be in credit
  • B.Can’t draw any money if you’re overdrawn
  • C.can draw money without notice
  • D.Can’t pay money to anyone else
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Some years ago safety rules_________.

  • A.were put forwardDue to scientists’recommendations
  • B.came into being as a result of the workers’demand
  • C.were introduced because quite a number of people were kiHed or seriously in-jured
  • D.were effective enough to protect workers and customers

It can be inferred from the passage that in the past._________

  • A.workers often got ill because of the poor working conditions
  • B.companies were free to put out any products they wanted to
  • C.many people were killed by theDangerous products
  • D.industries were not as careful in management as they are today

It is implied in the passage that_________.

  • A.governments and companies hadDifferent opinions about the safety of products
  • B.governments paid little attention to the safety of products
  • C.government officials oftenDid not listen to scientists
  • D.in the past no safety laws were introduced by governments

If someone forged your signature andDrew money from your account_________.

  • A.the bank would always pay money to the forger
  • B.the bank wouldn’t lose any money
  • C.you wouldn’t lose any money
  • D.you wouldn’t lose your money
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