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| A Case Study Assignment. by Cornel88(m): 3:16pm On May 13, 2013 |
Mr A went to his bank to deposite N500,000 into his account. On the counter, haven filled the teller, he fowarded his N500,000 together with teller to the cashier. In the process of counting the money, armed robbers came in and robbed the N500,000 from the cashier in Mr A's presence. What is the position of the parties involved? Or who should bear the loss between parties involved? Please give your reasons. Thanks. |
| Re: A Case Study Assignment. by Freiburger(m): 2:37pm On May 14, 2013 |
Cornel88: Mr A went to his bank to deposite N500,000 into his account. On the counter, haven filled the teller, he fowarded his N500,000 together with teller to the cashier. In the process of counting the money, armed robbers came in and robbed the N500,000 from the cashier in Mr A's presence. What is the position of the parties involved? Or who should bear the loss between parties involved? Please give your reasons. Thanks.As long as the cash is already in the bank's building, i think the bank should bear the loss. |
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