Sunday, 28 May 2017
JP MORGAN CHASE Discuss how administrative agencies like the Securities and Exchange Commission (SEC) or the Commodities Futures
Trading Commission (CFTC) take action in order to be effective in preventing high-risk gambles in securities / banking, a
foundation of the economy. Determine the elements of a valid contract, and discuss how consumers and banks each have a duty of good
faith and fair dealing in the banking relationship. Compare and contrast the differences between intentional and negligent tort
actions. Discuss the tort action of “Interference with Contractual Relations and Participating in a Breach of Fiduciary duty” and,
if the bank you’ve chosen were to behave as JP Morgan did, would you be able to prevail in such a tort action. With the advent of
mobile banking, discuss how banks have protected the software that allows for online transaction to occur through automation. 3
references
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