Cengage Advantage Books: Business Law Today, The Essentials 10th Edition by Roger LeRoy Miller

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Bank's Duty of Care. When Arnett Gertrude was diagnosed with cancer, she added her nephew, Jack Scriber, as an authorized signatory to her checking account. Before Gertrude died, Scriber wrote checks on the account to transfer nearly all of the $600,000 in the account to his own account. After Gertrude's death, Bobbie Caudill, the administrator of her estate, discovered the withdrawals and filed a suit against the bank. What is the relationship between a bank and its customer? Is the bank liable in this case? Why or why not? [Caudill v. Salyersville National Bank, 2010 WL 45882 (Ky.App. 2010)] (See page 416.)