Lyn writes a check for $900 to Mac, who indorses the check in blank and transfers it
Question:
Lyn writes a check for $900 to Mac, who indorses the check in blank and transfers it to Jan. She presents the check to Omega Bank, the drawee bank, for payment. Omega does not honor the check. Is Lyn liable to Jan? Could Lyn be subject to criminal prosecution?
Why or why not?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer In the scenario described Lyn writes a check for 900 to Mac who indorses the check ...View the full answer
Answered By
Seema kuldeep
although I don't have an experience of teaching in a particular institute, previously I was an expert on Chegg and I have used to teach my batch mates and also my juniors.
1+ Reviews
10+ Question Solved
Related Book For 
Question Posted:
