Which of the Following Was the Result on Appeal in the Twin

question 82

Multiple Choice

Which of the following was the result on appeal in The Twin City Bank v. Kenneth Isaacs, the case in the text in which the bank appealed a judgment against it for significant damages after the bank wrongfully held funds of depositors who had been the victim of check forgery?

• A) That the bank could not be held liable for damages because it was recouping its own losses.
• B) That the bank could not be held liable under common law because of its contractual agreement with the depositors and that the UCC was inapplicable.
• C) That the bank could be held liable but only up to $1,000.
• D) That the bank could be held liable for actual damages but not for mental anguish.
• E) That the bank could be held liable for financial losses and also for mental anguish.

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Definitions:

Property

Legal rights or interests that allow the ownership, use, and control of assets like land, buildings, or personal items.

James Madison

An American statesman, diplomat, expansionist, philosopher, and Founding Father who served as the fourth President of the United States from 1809 to 1817, known as the "Father of the Constitution" for his pivotal role in drafting and promoting the U.S. Constitution.

Anti-Federalists

Individuals or groups who opposed the adoption of the U.S. Constitution, advocating for a weaker central government in favor of stronger state governments.

Patrick Henry

was an American attorney, planter, and orator best known for his declaration to the Second Virginia Convention (1775): "Give me liberty, or give me death!"