Question: Lawrence and Georgene Kruser had a joint checking account with Bank of America. The bank had issued each of them ATM cards. The Kruser's thought
Lawrence and Georgene Kruser had a joint checking account with Bank of America. The bank had issued each of them ATM cards. The Kruser's thought Lawrence's card has been destroyed in September, but their December bank statement showed an unauthorized withdrawal of $20 by someone using Lawrence's card. The next year, the Krusers discovered in September that the July and August bank statements showed 47 unauthorized withdrawals totaling $9,020. When the bank refused to reimburse them the Krusers sued. Does the bank have to reimburse them the $9,020?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
