Wiki Law School will soon be moving! Please update your bookmarks. Our future address is www.wikilawschool.org |
Editing Contracts/Mistake
From wikilawschool.net. Wiki Law School does not provide legal advice. For educational purposes only.
The edit can be undone. Please check the comparison below to verify that this is what you want to do, and then publish the changes below to finish undoing the edit.
Latest revision | Your text | ||
Line 60: | Line 60: | ||
===''Roswell State Bank v. Lawrence Walker Cotton Co.''=== | ===''Roswell State Bank v. Lawrence Walker Cotton Co.''=== | ||
Under [[ | Under [[United States|American]] law a bank, title company, document processing firm, or the like is not liable for false information provided to it, any more than a bank was liable for false information from a trusted customer turned embezzler who drew an unauthorized cashier’s check. ''Roswell State Bank v. Lawrence Walker Cotton Co.'', 56 N.M. 107, 240 P.2d 143 (1952): | ||
‘A thing is done “in good faith” within the meaning of this act, when it is in fact done honestly, whether it be done negligently or not. | ‘A thing is done “in good faith” within the meaning of this act, when it is in fact done honestly, whether it be done negligently or not. |