Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer this as soon as possible 1. Hercules is the area manager of a food company in Bangladesh and takes care of the day

image text in transcribed

please answer this as soon as possible

1. Hercules is the area manager of a food company in Bangladesh and takes care of the day to day affairs of the business. Hercules used to do business with Robinhood and owed a cheque of 50 lacks taka to him. The cheque was signed and issued by him 5 months earlier. Robinhood went to the Bank to collect the money but the Bank said there were insufficient funds in the account to cash the cheque. Robinhood came to you to take legal action against Hercules. Advise him. (15)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Information Systems

Authors: Ulric Gelinas, Richard Dull, Patrick Wheeler

10th Edition

113393594X, 9781133935940

More Books

Students also viewed these Accounting questions

Question

Appreciate why organizational managers prefer to remain union-free

Answered: 1 week ago