subject
Business, 17.05.2021 16:20 blackwhiteroses383

Question A The company Ping Pong Ltd has a current account in the bank and approximately 33 cheques were withdrawn from the bank with the total amount of FJ$ 6.6 million. The money drawn bears the signature of Mr. X the managing director of the company who was authorized signatories to its cheques. The cheques are debited to the company current's account but indeed the cheques were not drawn by the company. The signatures were not signed by Mr. X they were forged by an account clerk, Mr Z. Mr Z opened an account which name similar to Real Suppliers' name and persuade Mr X to sign cheques in their favour by producing to him forged documents as evidence of transactions. i. Has the bank breached its duty of care to its customer, Ping Pong Ltd? ii. Has the customer breached its duty of care to its bank?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 22:30, quan1579
The blank is type of decision-maker who over analyzes information
Answers: 1
image
Business, 22.06.2019 20:30, BeverlyFarmer
Discuss ways that oracle could provide client customers with the ability to form better relationships with customers.
Answers: 3
image
Business, 22.06.2019 23:30, phillipselijah2
Match the different financial tasks to their corresponding financial life cycle phases wealth protection, wealth accumulation and wealth distribution
Answers: 3
image
Business, 23.06.2019 00:00, zhellyyyyy
The gorman group is a financial planning services firm owned and operated by nicole gorman. as of october 31, 2016, the end of the fiscal year, the accountant for the gorman group prepared an end-of-period spreadsheet, part of which follows:
Answers: 2
You know the right answer?
Question A The company Ping Pong Ltd has a current account in the bank and approximately 33 cheques...

Questions in other subjects:

Konu
SAT, 12.12.2020 16:10