A bank owes an implied duty to its customers not to divulge information about its customers to third parties. The breach of confidentiality in the banker/customer relations can have serious ethical and legal implications. Discuss four (4) circumstances under which a bank can safely breach this duty of confidentiality

A bank owes an implied duty to its customers not to divulge information about its customers to third parties. The breach of confidentiality in the banker/customer relations can have serious ethical and legal implications. Discuss four (4) circumstances under which a bank can safely breach this duty of confidentiality

Contemporary Auditing

11th Edition

ISBN:9781337650380

Author:KNAPP

Publisher:KNAPP

Chapter2: Audits Of High-risk Accounts

Section2.7: Bankrate, Inc.

Problem 5Q

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