Consider the Auto-Owners Insurance Co. v. Bank One case and apply areas of the UCC to complete each of the following in three pages: Make a supported determination if Wulf or the bank has the burden of proving a lack of ordinary care on the part of his bank. Analyze how the outcome or opinion might have changed if Wulf had managed his account electronically rather than manually. Include specific examples and direct citations from the UCC. Based on your understanding of the UCC Article 3, Part 4, recommend three effective steps that Auto-Owners should have taken to prevent such internal fraud. Be sure your assignment meets the following requirements: Three pages in length. A minimum of four citations from the UCC or other appropriate sources. There is no special formatting required for the report, but it should be professionally composed and presented and adhere to Strayer Writing Standards. 

Apply the Uniform Commercial Code.

Answer rating: 100% (QA)

ANSWER AutoOwners Insurance Co v Bank One Application of the Uniform Commercial Code In the case of AutoOwners Insurance Co v Bank One the issue of burden of proof regarding the lack of ordinary care ... View the full answer