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If I owe you money and John Smith knocks on your door, hands you a pile of money, and says “this is from bradleyjg to pay off his debt” I think it is entirely r
by bradleyjg 6y ago
If I owe you money and John Smith knocks on your door, hands you a pile of money, and says “this is from bradleyjg to pay off his debt” I think it is entirely reasonable to rely on that representation. You lent money, it was paid back by the borrower’s agent, the transaction is over.
- ineedasername 6y agoExcept they didn't say that. They sent it by accident. And there's decades of case law siding with banks against "bank error in your favor" situations.
- thaumasiotes 6y ago> Except they didn't say that. They sent it by accident. You're half right. They sent it by accident.
- ineedasername 6y agoThere's no indication in any reporting that the money was sent with a note or memo saying "this is to pay the full Revlon debt". To all known facts, they simply sent the money.