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"This would put us in a much better position to prevent a massive, counterproductive intervention in the U.S. economy".
The court emphasized that, in either case, the drawer/employer is in a better position to prevent such loss from occurring in the first instance.
This means that up to the point of actual knowledge of the fraud, a transferee (depository bank) will not incur liability under U.C.C. § 3-405 for paying on a forged instrument even if they are in a better position to prevent the loss.
Mr. Obama said in an interview that was broadcast on Sunday that the United States was in a "better position" to prevent President Bashar al-Assad of Syria from using poison gas again because of the deal produced by Secretary of State John Kerry and Sergey V. Lavrov, the Russian foreign minister.
The E.U. should also learn another lesson from the debacle and create an early warning system to ensure that its diplomatic machine is in a better position to prevent technical decisions about trade and food safety from undermining its broader foreign policy priorities.
He said that the US was in a "better position" to prevent President Assad from using poison gas again because of the deal hammered out by Mr Kerry and Sergey Lavrov, the Russian foreign minister.
Similar(52)
The animating idea was that manufacturers were in the best position to prevent accidents by improving their products with better design and testing.
While an employer/drawer may be in the best position to prevent fraud from being initiated by screening its potential employees, a transferee may in some cases be in a better position to detect and stop a fraud in progress.
"The Met has accepted that more could, and should have been done, and had more been done we could have been in a better position to have prevented very serious attacks by Napper.
"We're not in a position to prevent anything".
"We may eventually be in a position to prevent illness in selected circumstances," he said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com