RFBT SUBJECT

1. Mr. Juan issued a check to Pedro for P100,000 payable 30 days after it was drawn. When Pedro deposited the check, the bank dishonored the check. What are the available defenses of Juan in order that he should be not charged criminally for the check he has issued to Pedro?
2. List 4 valid grounds available to the government where secrecy of bank deposit maybe waived or not apply.
3. Mr. Cruz a depositor of Tipid Bank lost his deposit of P800,000 because of a civil war that broke out between the government and CPP-NPA. After the civil unrest, Mr. Cruz filed a claim with PDIC for P800,000, the amount of his deposit in the bank. Will the claim of Mr. Cruz prosper? Yes or No, justify your answer. Correct answer in Yes or No - 10%; Justification - 10% *