Question: Who has liability if the bank pays a customer s check
Who has liability if the bank pays a customer’s check that has been altered?
Answer to relevant QuestionsPerkins, a customer of Select Bank, had his checkbook containing several checks stolen. The thief wrote a check each week for $ 100 and forged Perkins’s name on each check beginning in April 2005. The thief had no trouble ...Begg made out a check payable to the order of Newwall, a subcontractor, for $ 32,000 in November to cover work in progress. In January, Begg issued another check to Newwall to cover the entire amount owed to Newwall, ...What are the rights and obligations of employers? What are the rights and obligations of employees? What are the differences between the three types of authority that an agent has? Continental had a franchise from GTE to sell its TVs. The franchise agreement stated that Continental could sell GTE’s products only from the specific location described in the franchise agreement and nowhere else. When ...
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