PROBLEM SETK Consider the following analytical problems related to improperly paid out checks [Stop Payment Order Number of errors on the stop payment form = 10 Check presented in the different branch/different city in which the SPO was received The bank had 15 days from the date that the SPO was given till the date the check was presented [1] Is the A/H more likely / equally likely / less likely to recover from the bank for improper payment? Is the A/H more likely / equally likely / less likely to recover from the bank for improper payment? (CIRCLE) [2] Pursuant to which theory? (select from on of the four theories of bank-customer relations) [3] SHOW YOUR WORK BELOW (Make sure you depict the variables of the hypo in relation to those of the base-line): [II] Forged Checks Consider the following sequence of events in which an integer indicates the sum of all forged checks improperly drawn from the A/H's current account by any single forger: Forger February March April May 1300 2600 A B 0 0 1400 2800 4200 S000 means that no forged checks are present. A/H finds all forged checks in May from the cancelled checks sent by the bank to the AH in June and punctually notifies the bank. [1] On which checks can the account holder recover? [Identify forger(s) by letter and indicate sum for each particular forger and the total amount recoverable from the bank] [2] Suppose that the March forged check of B had not been subject to a signature check. How would (if at all) this effect the outcome to your answer above? Explain in the space provided