Case Problems Chapter 30

1. Helen was a forgetful person, so she had placed her bank code (PIN number) on the back of her debit card. A thief stole Helens card and was able to take $100 from an ATM on the day of the theft. That same day, Helen realized that the card was gone and phoned her bank. The following morning, the thief withdrew another $100. Using IRAC format answer the following question: For how much, if anything , is Helen responsible?

2. Norris, who was ill in the hospital, was visited by his sister during his last days. Norris was very fond of his sister and wrote a check to her that she deposited in her bank account. Before the check cleared, Norris died. Using IRAC format answer the following question: Could the sister collect on the check even though the bank knew of the depositors death?