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In the Case of SNS Industrial Products Limited V

Question 65

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In the case of SNS Industrial Products Limited v.Bank of Montreal,2010 ONCA 500,the Ontario Court of Appeal the bank failed to detect a forged signature on cheques drawn on a client's account,with the result that $186 488 was fraudulently taken from its customer's account over a three year period.Who was responsible for detecting the forgeries,the customer or the bank,and why?

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The Court of Appeal held that the bank r...

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