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Bogash drew a check on National Safety Bank and Trust Co. payable to the order of Fiss Corp. At the request of Fiss Corp., the bank certified the check. The bank later refused to make payment on the check because of a dispute between Bogash and the corporation over the amount due the corporation. Fiss sued the bank on the check. Can Fiss recover? [Fiss Corp. v. National Safety Bank and Trust Co., 77 So. 2d 293 (N.Y. City Ct.)]

Bogash drew a check on National Safety Bank and Trust Co. payable to the order of Fiss Corp. At the request of Fiss Corp., the bank certified the check. The bank later refused to make payment on the check because of a dispute between Bogash and the corporation over the amount due the corporation. Fiss sued the bank on the check. Can Fiss recover? [Fiss Corp. v. National Safety Bank and Trust Co., 77 So. 2d 293 (N.Y. City Ct.)]

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Bogash drew a check on National Safety Bank and Trust Co. payable to the order of Fiss Corp. At the request of Fiss Corp., the bank certified the check. The bank later refused to make payment on the check because of a dispute between Bogash and the corporation over the amount due the corporation. Fiss sued the bank on the check. Can Fiss recover? [Fiss Corp. v. National Safety Bank and Trust Co., 77 So. 2d 293 (N.Y. City Ct.)]

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