Welpe gave you the rule.
As long as the batter is holding the bat, if the pitch strikes the bat, it is treated as a batted ball. So if the ball is deflected back to the field, we have a fair or foul ball, depending on where it settles or is caught. In a like manner, if the pitched ball hits the bat being held by the batter and goes directly to F2's glove and is caught, we have a foul tip. With 2 strikes, the batter is out.
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When in doubt, bang 'em out!
Ozzy
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