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Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562 Exercise 15
Bank of America in error transmitted money to Sanati in a wire transfer. The bank immediately discovered its error and promptly attempted to recover this money from Sanati. Sanati refused to return the funds claiming that, because the bank was negligent when it transferred the money, the money need not be returned to the bank. Is Sanati correct? (Bank of America v. Sanati, 14 Cal. Rptr. 2d 615)
Explanation
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Issue:
The issue at hand is whether a b...
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
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