Question: When a man robbed a convenience store, he locked the clerk in the bathroom and...

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Question: When a man robbed a convenience store, he locked the clerk in the bathroom and took her purse. Forty minutes later, he used her ATM card to withdraw $500 from a bank and her checkbook to write a check on her account. He forged her signature on the check. Who is liable for the money removed from the clerk's account? Strategy: Remember that the rules for ATM cards and checks are different. The bank is liable for the full amount of a forged check, but it is liable only for unauthorized electronic fund transfers that exceed $50. Result: If the clerk notifies the bank within two days of the theft, she will lose only $50.