(a) What principles regarding forgery emanate from Tai Hing Cotton Mill Limited v Liu Chong Hing Bank case summary?(b) In which judgment was the customer liable to the bank for the loss of money due to fraud?Please list the name of the judgment.(c) What happens if the customer is aware of the forgery but fails to act? Please list the name of the judgment.(d) What is the wider duty and narrower duty of the customer, discussed by first instance trial Judge Mantell in Tai Hing Cotton Mill Limited v Liu Chong Hing Bank?(e) What is necessary, according to the Privy Council in Tai Hing Cotton Mill Limited v Liu Chong Hing Bank to introduce a term, by implication, into the bank and customer contract?
(a) What principles regarding forgery emanate from Tai Hing Cotton Mill Limited v Liu Chong Hing Bank case summary?(b) In which judgment was the customer liable to the bank for the loss of money due to fraud?Please list the name of the judgment.(c) What happens if the customer is aware of the forgery but fails to act? Please list the name of the judgment.(d) What is the wider duty and narrower duty of the customer, discussed by first instance trial Judge Mantell in Tai Hing Cotton Mill Limited v Liu Chong Hing Bank?(e) What is necessary, according to the Privy Council in Tai Hing Cotton Mill Limited v Liu Chong Hing Bank to introduce a term, by implication, into the bank and customer contract?
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Question
(a) What principles regarding forgery emanate from Tai Hing Cotton Mill Limited v Liu
Chong Hing Bank case summary?
(b) In which judgment was the customer liable to the bank for the loss of money due to fraud?
Please list the name of the judgment.
(c) What happens if the customer is aware of the forgery but fails to act? Please list the name
of the judgment.
(d) What is the wider duty and narrower duty of the customer, discussed by first instance trial
Judge Mantell in Tai Hing Cotton Mill Limited v Liu Chong Hing Bank?
(e) What is necessary, according to the Privy Council in Tai Hing Cotton Mill Limited v Liu
Chong Hing Bank to introduce a term, by implication, into the bank and customer contract?
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