Bank of America in error transmitted money to Sanati in a wire transfer. The bank immediately discovered

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Bank of America in error transmitted money to Sanati in a wire transfer. The bank immediately discovered its error and promptly attempted to recover this money from Sanati. Sanati refused to return the funds claiming that, because the bank was negligent when it transferred the money, the money need not be returned to the bank. Is Sanati correct?
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Business Law Principles and Practices

ISBN: 978-1133586562

9th edition

Authors: Arnold J. Goldman, William D. Sigismond

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