A drawer, knowing that he has insufficient credit in the bank, issues a check, which was eventually dishonored by the drawee bank. The drawer may be held liable for: a. Violation of Bouncing Checks Law b. Estafa c. Civilly liable d. All of the above

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 15MC: Which of the following items are found on a book side of the bank reconciliation? A. beginning bank...
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A drawer, knowing that he has insufficient credit in the bank, issues a check, which was eventually dishonored by the drawee bank. The drawer may be held liable for:
 
 
a. Violation of Bouncing Checks Law
b. Estafa
c. Civilly liable
d. All of the above
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