Four weeks ago, a bank funded a secured loan to a customer on the basis of the details

provided by the customer in his loan application. The bank let the customer know that

they would do the usual credit worthiness checks. The bank was unaware, however,

that the customer had in fact supplied the details of his brother (who had an excellent

credit history) rather than his own. Now that the bank has discovered the error it

wishes to terminate the loan contract.