Brittany currently attends college and runs her new business, Pampered Pets, a sole proprietorship she created in her sophomore year. Since Brittany is a student, she does not have much capital and seeks to save money where she can; therefore, she only uses one bank account for her personal and professional funds. Brittany frequently monitors her account using the online portal furnished by her bank. On Friday night, Brittany noticed that $724.43 had been withdrawn from her account on two separate occasions that day. Brittany knows that she did not spend that amount of money one time, much less two times in one day. She is afraid that someone has accessed her account. Assume that the following Monday is a holiday and banks will be closed; however, one branch will be open for four hours on Saturday. On Saturday morning, Brittany discovers two checks have cleared the bank. She is able to view copies and see that the checks were written using another party's name and address, yet the bank account number belongs to her. One check was written for $94.23 and the other for $950.

1. What course of action would you advise Brittany to take on Friday night and/or Saturday morning?

2. According to your text, what laws govern banking transactions? Provide a short summary of how the law(s) affect Brittany?

3. Will Brittany be liable for the moneys withdrawn from her account? Explain why or why not. If she is liable, provide and explanation of the amount.

4. Conclude your paper by providing information for Brittany to implement to help prevent a future occurrence of this type of situation.