K. Conclusion

• Author: M.H. Ogilvie
• Profession: LSM, B.A., LL.B., M.A., D.Phil., D.D., F.R.S.C. Of the Bars of Ontario and Nova Scotia Chancellor's Professor and Professor of Law, Carleton University
• Pages: 225-225

Page 225

The bank and customer relationship is in law no different from any other private law relationship today. Founded in contract, it is subject to contractual duties, both express and implied, but also to superadded duties in tort and in fiduciary obligation. The nature of these duties, that is, the legal requirements and standards of care associated with them, are those required by the law in other private legal relationships today. Although account contracts have become lengthier, more comprehensive, and skilfully drafted to...