28 Nov 1991
TSUI YAN KO v. CITICORP SERVICES INCORPORATED
- Citation
- TSUI YAN KO v. CITICORP SERVICES INCORPORATED
- Court
- District Court
- Case number
- DCCJ424/1991
Although the plaintiff was negligent in his handling of the cheques, the court refused to imply a general duty of care on purchasers as a matter of contractual necessity; absent an express contractual qualification limiting the refund for purchaser negligence, the issuer assumes the risk of loss and the plaintiff was entitled to judgment for the face value and interest.