MindTap Business Communication, 1 term (6 months) Printed Access Card for Guffey/Loewy's Essentials of Business Communication, 11th
MindTap Business Communication, 1 term (6 months) Printed Access Card for Guffey/Loewy's Essentials of Business Communication, 11th
11th Edition
ISBN: 9781337386555
Author: Mary Ellen Guffey, Dana Loewy
Publisher: Cengage Learning
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Chapter 5, Problem 5.6AAC
Summary Introduction

To prepare:

A memorandum to the staff.

Introduction:

A memo refers to a type of letter that is hand written in most of the cases for the purpose of internal communication within an organization. It is opposed to a typical letter that is used for external communication.

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(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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