Subject: Regulatory Framework and Legal Issues in Business

Samantha Lee draws checks as follows : 1 poi a.) Account 1 in Bank A: 1. 100,000 payable to Samson Dee for the purchase of his car, check dated September 30,2022 2. 500,000 divided into 5 checks, all are payable to Celine Yap for her money loaned, check are all dated on September 15, 2022. Note: During the issuance the bank account has sufficient fund. b.) Account 2 in Bank B: 1. 300,000 payable to Richard Ma for the purchase of his car, check dated September 30,2022 2. 1,000,000 divided into 5 checks, all are payable to Candy Go for her money loaned, check are all dated on September 15, 2022. Note: During the issuance the bank account has no sufficient fund. What if Samson Dee presented for payment the check on January 28 2023 and the check is dishonored by the bank, can Samantha Lee be subject of BP 22 ? Yes O No O No answerWhat if Celine Yap presented for payment all the checks on September 1 point 28, 2022 and subsequently dishonored by the bank, compute for the maximum penalty? 1,000,000 200,000 O 500,000 What if Celine Yap presented for payment all the checks on September 1 point 28, 2023 and subsequently dishonored by the bank, compute for the maximum imprisonment? O 0 year O 1 year O 5 yearsWhat if Richard Ma presented for payment all the checks on December 1 point 31, 2022 , can he be subject of BP 22? Yes No O No answer What if Richard Ma presented for payment all the checks on December 1 point 31, 2022 and subsequently dishonored by the bank, compute for the maximum penalty? O No penalty because not subject of BP 22 200,000 600,000 Clear selectionWhat if Candy Go presented for payment all the checks on September 30, 1 point 2022 and subsequently dishonored by the bank, compute for the maximum penalty? 2,000,000 1,000,000 O 200,000 Clear selection What if Candy Go presented for payment all the checks on September 30, 1 point 2022 and subsequently dishonored by the bank, compute for the maximum imprisonment? 5 years O 150 days 1 year Clear selectionWhat if Candy Go presented for payment all the checks on September 30, 1 point 2022 and subsequently dishonored by the bank. Samantha Lee received notice of dishonor on the same day, until when can she destroy the prima facie evidence of knowledge of insufficiency of funds? O until October 5, 2022 O until October 7, 2022 O until October 3, 2022 Clear selection In order to destroy the prima facie evidence of knowledge of 1 point insufficiency, what should be done? O Drawer needs to pay or make an arrangement of payment for the said dishonored fund O Drawee needs to pay or make an arrangement of payment for the said dishonored fund O Drawee bank needs to pay or make an arrangement of payment for the said dishonored fundWhat is the requirement in proving Samantha Lee criminally liable of BP 1 point 22? O probable cause or prima facie evidence O preponderance of evidence O proof beyond reasonable doubtSandy Cortez has the following bank accounts: 1 poir a.) BDO 1. Baliuag Br., foreign currency deposit---100,000 2. Makati Branch, savings account 200,000 3. USA Branch , checking account- 200,000 b.) Citibank 1. Makati Branch, cert. of time deposit ---200,000 2. USA Branch, joint account with Ana ---- -200,000 3. Olongapo Branch, investment 100,000 C. ) PNB 1. Baliuag Branch, In trust For Ana 200,000 2. San Rafael Branch, joint acct with Ana---100,000 3. Makati Br., joint acct. with Cortez Corp---400,000 4. Makati Br., Sally's sole business- -100,000 5. Makati Br., joint acct with A&S Partnership-100,000 6. USA Br., with PDIC application- 200,000 In case, all of the three banks closed down, compute for the maximum insurance coverage of Sally Cortez.Write your answer on this format Php500,000.00 Note: Incorrect format will invalidate your answer. Your answerIn case, all of the three banks closed down, compute for the maximum 1 point insurance coverage of Ana Cortez. Write your answer on this format ------- Php500,000.00 Note: Incorrect format will invalidate your answer. Your answer In case, only Citibank closed down, compute for the maximum insurance 1 point coverage of Sally Cortez. Write your answer on this format ------- Php500,000.00 Note: Incorrect format will invalidate your answer. Your answerIn case, only PNB closed down, compute for the maximum insurance 1 point coverage of Sally Cortez. Write your answer on this format ------- Php500,000.00 Note: Incorrect format will invalidate your answer. Your answer In case, only BDO closed down, compute for the maximum insurance 1 point coverage of Sally Cortez. Write your answer on this format ------- Php500,000.00 Note: Incorrect format will invalidate your answer. Your answerIn case, only BDO closed down, compute for the maximum insurance 1 point coverage of Cortez Corp. Write your answer on this format ------- Php500,000.00 Note: Incorrect format will invalidate your answer. Your