Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond

تمرين 7

Tally's personal secretary, who managed his Washington, D.C., law office, swindled him out of $52,825. In seven instances, she had signed his name on bank withdrawals from the American Security Bank. As custodian of Tally's bank records, the secretary had avoided detection for over four years. Tally brought action against the American Security Bank to recover the $52,825. Is the bank liable to Tally? (Tally v. American Security Bank, 355 UCCRS 215, U.S. District Court, D.C.)