Thomas Gilbert Is an Employee at Hazard Escrow

Multiple Choice

Thomas Gilbert is an employee at Hazard Escrow. Ralph Dinkins, an attorney, has been using Hazard for closings on a large number of properties he has been selling to limited partnerships he has created. Because he has been using different names for selling the property, the notarized acknowledgments on the deeds were a problem. Dinkins has been giving Gilbert $750 per closing to notarize the signatures. Dinkins' limited partnerships turn out to be frauds. The limited partners wish to recover from Hazard Escrow.

A) Hazard is liable for the fiduciary breach by Gilbert.
B) Hazard is not liable because notarizing is not an escrow agent's responsibility.
C) Hazard is not liable unless the closings were flawed.
D) Hazard is not liable because Gilbert took money on the side.