In the case in the text,Forcht Bank v.Gribbins,what did the court hold?
A) Gribbins was careless in having a relationship with Akers and therefore,the court applied a comparative fault analysis.
B) Gribbins did not safeguard her checks and therefore,could not claim forgery.
C) The bank failed its duty to exercise ordinary care because it knew the checks were forged.
D) The bank failed its duty to exercise ordinary care when it honored eight forged checks.
Correct Answer:
Verified
Q23: A stop-payment order is authorized by the:
A)bearer.
B)creditor.
C)drawer.
D)drawee.
Q24: A bank's right or duty to charge
Q25: Sal brings a stale check to his
Q26: Which of the following defeats a bank's
Q27: Which of the following is true for
Q29: Shawn purchases a computer from Adelaide Electronics,and
Q30: While receiving a properly drawn and payable
Q31: Jim gave a postdated check dated December
Q32: Abyss handed over a $500 check to
Q33: Hailey wrote a check for Marsha,her landlady,on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents