1. After the initial sequencing change, West Bank provided its customers with a document titled Miscellaneous Fees...

Question:

1. After the initial sequencing change, West Bank provided its customers with a document titled "Miscellaneous Fees" in which a footnote stated, "Checks written on your account will be paid in order daily with the largest check paid first and the smallest check paid last." Was this adequate notice to the customers of the change? Explain.
2. How did the decisions of other courts in similar cases affect the rulings of the courts in this case?
3. Suppose that West Bank's "Deposit Account Agreement" had not included "an obligation to Depositor to exercise good faith and ordinary care in connection with each account." Would the result have been different? Discuss.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Law Text and Cases

ISBN: 978-1337374491

14th edition

Authors: Kenneth W. Clarkson, Roger Miller, Frank B. Cross

Question Posted: