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book Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson cover

Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson

النسخة 19الرقم المعياري الدولي: 978-1305654921
book Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson cover

Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson

النسخة 19الرقم المعياري الدولي: 978-1305654921
تمرين 19
After Mickey Marcus died, Melvyn Spillman presented fraudulent documents purporting to give him control of Marcus's estate to Jefferson State Bank, where Marcus had an account. Spillman withdrew most of the money in the account. More than three years after Marcus's death, the court appointed Christa Lenk, who knew of Spillman's fraud, to administer Marcus's estate. Presumably unaware of Lenk's appointment, the bank never informed her of Marcus's account or sent statements to her. Although she knew of the account at least five months after her appointment, she did not contact the bank for more than a year after that.When she demanded the amount Spillman had withdrawn, the bank refused, and she sued the bank. Should the bank have to pay?
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Bank's Liability:
A bank carries the du...

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Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson
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