Sally Spendthrift has an established bank account at a local bank. She gives a check to a
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Sally Spendthrift has an established bank account at a local bank. She gives a check to a merchant for the purchase of a new stereo. Her bank returns the check to the merchant because Spendthrift’s account has insufficient funds to cover payment. Do you think Spendthrift should face criminal charges or simply be required to compensate the bank and anyone who suffered a loss?
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In the case of Sally Spendthrift writing a check to a merchant for a purchase of a new stereo when her account has insufficient funds to cover the pay...View the full answer
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