Which of the following are checks without sufficient fund, as contemplated by BP Blg. 22? (I) A check dishonored by the bank upon presentment, due to insufficiency of funds, and the issuer has knowledge of insufficiency at the time of issue. (II) A check which would have been dishonored for insufficiency, were it not for the drawer’s unjustifiable order to his bank to stop the payment of the check. (III) A check dishonored for insufficiency when presented for payment within 90 days from issue, even if there was sufficient fund at the time of issue. I and II only II and III only I and III only I, II and III
Which of the following are checks without sufficient fund, as contemplated by BP Blg. 22? (I) A check dishonored by the bank upon presentment, due to insufficiency of funds, and the issuer has knowledge of insufficiency at the time of issue. (II) A check which would have been dishonored for insufficiency, were it not for the drawer’s unjustifiable order to his bank to stop the payment of the check. (III) A check dishonored for insufficiency when presented for payment within 90 days from issue, even if there was sufficient fund at the time of issue. I and II only II and III only I and III only I, II and III
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Which of the following are checks without sufficient fund, as contemplated by BP Blg. 22? (I) A check dishonored by the bank upon presentment, due to insufficiency of funds, and the issuer has knowledge of insufficiency at the time of issue. (II) A check which would have been dishonored for insufficiency, were it not for the drawer’s unjustifiable order to his bank to stop the payment of the check. (III) A check dishonored for insufficiency when presented for payment within 90 days from issue, even if there was sufficient fund at the time of issue.
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- I and II only
- II and III only
- I and III only
- I, II and III
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