Solution-From whom can the bank recover this amount

From whom can the bank recover this amount

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Reference no: EM131166250

Roni writes a check for $700.00 to sela. Sela indorses the check in blank and transfers it to titus, who alters the check to read $7,000 and presents it to union bank, the drawee, for payment. The bank cashes it. Roni discovers the alteration and sues the bank. How much, if anything can roni recover? From whom can the bank recover this amount?

Reference no: EM131166250

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From whom can the bank recover this amount : Roni writes a check for $700.00 to sela. Sela indorses the check in blank and transfers it to titus, who alters the check to read $7,000 and presents it to union bank, the drawee, for payment. The bank cashes it. Roni discovers the alteration and ..

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From whom can the bank recover this amount

Reference no: EM131166250

Reference no: EM131166250

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