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BPI v. Zshornack: Bank Liability Case by Dorothy Puguon is a document available to read on EtoBox.

What is BPI v. Zshornack: Bank Liability Case about?

1) Zshornack maintained bank accounts with Comtrust bank. In October 1975, $1,000 was withdrawn from his dollar account without authorization to purchase a dollar draft. Comtrust was found liable for the unauthorized withdrawal. 2) Zshornack also alleged that in December 1975, he deposited $3,000 cash for safekeeping with Comtrust. Despite demands, Comtrust refused to return the money. 3) The Supreme Court ruled that Comtrust, and later BPI as its successor, was liable to return the $1,000 due to the una

Author

Dorothy Puguon

Language

EN