11. When Alice wrote off the debt owed by her uncle, did she violate any laws? If so, what laws did she violate? 12. Will Company X be required to repay the debt if JCI attempt to overturn Alice's actions of excusing Company X $10,000.00 debt? 13. If JCI uses Alice's accounting statement to secure a loan and the banks relies on the statement to approve the loan to JCI in the amount of $1,000,000.00, will there be any legal