The bank was liable for cashing the forged check

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Reference no: EM131041057

Case Lor-Mar/ Toto v. Constitution Bank

1) The appeals court affirmed that the bank was liable for cashing the forged check. How could the bank have avoided liability?

2) It is common for business to use stamped signatures on checks. Anyone can make a check wih any number on them, so forgery is not difficult. How could a business best avoid possible losses from such an occurrence?

Reference no: EM131041057

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