Question: Mover wanted Unitrust to be liable for the forgeries. Unitrust refused, and Mover filed a lawsuit against Unitrust. The general rule is that a bank
Mover wanted Unitrust to be liable for the forgeries. Unitrust refused, and Mover filed a lawsuit against Unitrust. The general rule is that a bank liable when the bank pays a forged check.
Banks provide their customers with
monthly bank
statements. The customer
has the duty to promptly promptly
examine the monthly statements and report any forgeries within
days. If the customer fails to report the forgery within the required time, the
customer will be liable for
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