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1. Pedro had a P400,000.00 deposit at BPI Bajada. After a month, the said bank declared bankruptcy. Can Pedro claim at the PDIC for his
1. Pedro had a P400,000.00 deposit at BPI Bajada. After a month, the said bank declared bankruptcy. Can Pedro claim at the PDIC for his BPI deposit? Why? 2. Juan had two (2) accounts at Landbank Claveria with a total amount of One Million Five Hundred Thousand (P1,500,000.00). The first account had P400,000.00 and the rest was in the remaining account. It turned out that Landbank Claveria became insolvent and bankrupted a year after. Could Juan claim at PDIC ? Why 3. James issued a check in favor of Yvez as payment for the change oil. The amount of the check is P500,000.00. When the check was deposited to Eastwest Bank, it was found out that it had no fund. Was James liable for BP 22 immediately upon notice by Eastwest that the check had no fund? Why? 4.Jane is selling tacos in the school in January 2020. John bought around P10,000 of tacos and issued a check as payment equivalent to the value of food. On September 2020, Jane deposited the check, and discovered that it had no fund. Was John liable for BP Blg. 22? Why? 5.Edna bought P100,000.00 worth of oil from Ann and issued a check as payment. The maturity of the check is set a month after. During the second week from the issuance, Edna called Ann not to deposit the check because it had no fund yet. Despite the information and notice of Edna, Ann deposited the check a month after. Was Edna liable for BP Blg. 22 if Ann told her not to deposit the check yet? Why
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