no reason why factual information given by the bank should not be accurate. When a bank officer makes representations or omissions of material facts false at the time, and where that officer has not exercised reasonable care and diligence to see that the information dispensed is accurate, the bank may incur a liability. In that case, the bank officer significantly misstated the credit history of the bank’s customer to an inquiring business. The business agreed to make a sale on credit to the customer and consequently lost approximately $10,000 in merchandise when the customer failed to pay. The court held that the bank may be liable for material misrepresentations of fact. See id. at 702; also M.S.A § Tubular Prod., Inc. v. First Bank & Trust Co., 869 F.2d 1422, 1424 (10th Cir.1989) (<HOLDING>); Nevada Nat’l Bank v. Gold Star Meat Co., 89
holding that murder committed by customer was not foreseeable result of excessive sale of alcohol to customer holding representations from a bank that a check of 95000 from banks customer would be honored when customer usually had less than 10000 on deposit was actionable holding that arbitration clause which was included with product mailed to customer and with proviso that customer could return product within 30 days was binding on customer who did not return computer holding a bank officer who informed a third party that it would be safe to extend 8000 credit to bank customer although customer did not have an open account at the bank could be held liable for the material misrepresentation recognizing that a bank customer may have a tort claim against a bank for the wrongful dishonor of a check