Lyn writes a check for $900 to Mac, who indorses the check in blank and transfers it
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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?
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Answer In the scenario described Lyn writes a check for 900 to Mac who indorses the check ...View the full answer
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Seema kuldeep
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