Greetings, I just read this article in the matter of Wendy Williams. If what the response from the bank is true then Wendy William made an error in judge or had poor advise. From what the bank stated in the respond was that she requested this action to be done via contract agreement.
The bank previously told the court its agreement with Williams allowed it to “pause or reject instructions for a proposed transaction” if the company suspects “financial exploitation, dementia, or undue influence,” according to Williams’ petition.
Now, I have been on this planet for a few minutes and learning a little about words in a legal sense, with banks you are dealing with legal matters. Words in a legal sense mean something totally different in the regular course of life.
Understand what the word proposed
Proposed-put forward (an idea or plan) for consideration or discussion by others.
"he proposed a new nine-point peace plan"
We must start reading these contracts and agreements that we sign with this system, 90% of the time we are unaware of what we sign and what it means.
But the real question is "what are we going to do about it, is their a remedy for this type of corporate behavior that we find ourselves in. Many of us have had our banks freeze, close, steal, confiscate our money for no other reason then they say they have a right to or duty and obligation from other authority to do so.
Hmmmm, one of the many dilemma's we find ourselves in.
More can be said, but I will just leave my 2 cents in the pot right here for more advance later discussion.
news.yahoo.com
