Problems and Materials on Commercial Paper |
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Page 64
... negligence substantially con- tributes to the making of an unauthorized signature is pre- . lack of authority against cluded from asserting the a drawee or other payor who pays the instrument in good faith and in accordance with the ...
... negligence substantially con- tributes to the making of an unauthorized signature is pre- . lack of authority against cluded from asserting the a drawee or other payor who pays the instrument in good faith and in accordance with the ...
Page 90
... negligence , it is a complete answer to the defendant's claim that its own negligence contributed to the loss . The learned counsel for the appellant contends that the plaintiffs ' cause of action is not based on negligence , and that ...
... negligence , it is a complete answer to the defendant's claim that its own negligence contributed to the loss . The learned counsel for the appellant contends that the plaintiffs ' cause of action is not based on negligence , and that ...
Page 124
... negligence a bar to a recovery only when such negligence occurred after the pay- ment on the forged indorsements . We do not so read N.J.S. 12A : 3- 406 , N.J.S.A. We note that the error in this case was compounded by reason of the ...
... negligence a bar to a recovery only when such negligence occurred after the pay- ment on the forged indorsements . We do not so read N.J.S. 12A : 3- 406 , N.J.S.A. We note that the error in this case was compounded by reason of the ...
Common terms and phrases
accepted Acme Machine action agent agreement altered amount appeal Arthur Adams assignment authority bank's bill of lading blank Bowl-Mor Byer Byer's cash cashier's check certification charge check drawn check payable checking account Citations omitted claim Clovis collecting bank Commercial Paper Company contract Crest damages delivered deposit Depositary Bank depositor draft drawee bank due course employee facts faith forgery funds Grocery holder in due indorsement Insured Intermediary Bank issued judgment jury liability loan loss ment National Bank negligence negotiable instrument negotiated the check Niederberger Nordstrom notice obligation paid party payee payee's payor bank person Peter Pringle Corporation plaintiff pre-Code presented the check Problem properly provides purchase question Read section reason received recover refused rule Seller signature signed statute stopped payment subsection supra tion took the check transaction transfer trial court Trust Uniform Commercial Code warranties Westmont Worthington Bank