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Please help me with my law subject. This is a multiple-choice question. Kindly answers the following choices and explain why. Question 1 Which of the

Please help me with my law subject. This is a multiple-choice question. Kindly answers the following choices and explain why.

Question 1 Which of the following is not one of the elements of violation of BP Blg. 22? A.the making, drawing, and issuance of any check to apply for account or for value B.the knowledge of the maker, drawer, or issuer that at the time of issue he does not have sufficient funds in or credit with the drawee bank for the payment of the check in full upon its presentment C.the subsequent dishonor of the check by the drawee bank for insufficiency of funds or credit or dishonor for the same reason had not the drawer, without any valid cause, ordered the bank to stop payment D. the subsequent payment by the drawer to the holder of the check after it was dishonored by the drawee bank upon presentment

Question 2 A bounced or worthless check is also known as a A. Post-dated check B. Crossed check C. Bum check D. Special check

Question 3 Which of the are checks without sufficient fund, as contemplated by BP Blg. 22. I. A check dishonored by the bank upon presentment, due to insufficiency of funds, and the issuer has knowledge of insufficiency at the time of issue II. A check which would have been dishonored for insufficiency, were it not for the drawer's unjustifiable order to his bank to stop the payment of the check III. A check dishonored for insufficiency when presented for payment within 90 days from issue, even if there was sufficient fund at the time of issue A. I and II only B. I and III only C. II and III only D. I, II and III

Question 4 A issued check in favor of B. A knew at the time of issue that the check has no sufficient fund in the drawee bank. Upon presentment by B, the bank dishonored the check for insufficiency. B filed charges against A for violation of BP Blg. 22. A, however, subsequently issued another check to B in payment of the amount covered by the original check. Can A still be charged with violation of BP Blg. 22? A. No, because the subsequent check cleared the offense B. No, because there is no more unpaid debt C. No, because no person shall be imprisoned for debt D. Yes, because what is punished is the act of issuing a worthless check

Question 5 As used in BP Blg. 22, it shall mean an arrangement or understanding with the bank for the payment of check. A. Debit B. Credit C. Deposit D. Withdrawal

Question 6 When a worthless check is issued by a corporate entity, who shall be liable? A. the shareholders B. the corporate officers signing the check C. the Board of Directors D. no one

Question 7 Persons guilty of issuing checks without sufficient funds face which two of the following sanctions? A. Imprisonment ofnot less than 30 days but not more than 1 year B.Imprisonment ofnot less than 60 days but not more than 2 years C. Fine equal tothe amount of the check D.Fineof not less than but not more than double the amount of the check

Question 8 The making, drawing and issuance of a check payment of which is refused by the drawee because of insufficient funds in or credit with such bank, when presented within ninety (90) days from the date of the check, shall be A.prima facieevidence of knowledge of such insufficiency of funds or credit B. conclusiveevidence of knowledge of such insufficiency of funds or credit C. indisputableevidence of knowledge of such insufficiency of funds or credit D. proof beyond reasonable doubtof knowledge of such insufficiency of funds or credit

Question 9 When a check presented has bounced, it is the drawee bank's duty to A. initiate the filing of charges against the drawer for violation of BP Blg. 22 B. advise the payee of the check to file charges against the drawer for violation of BP Blg. 22 C. cause to be written, printed, or stamped on the check, in plain language, or attached thereto, the reason for its dishonor or refusal to pay D. All of the above

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