Practice question
A director formulates and implements a policy requiring forbidden emergency deposits. A violation pursuant to that policy is proved. Is merely blaming the cashier necessarily sufficient to exclude the director from Section4?
- No; the responsible policy director is expressly addressed
- Yes; management is always immune
- Yes; only cashiers may offend
- Yes; a written policy defeats the statute
- Yes; corporate form cancels responsibility
Legal references
- RA10932, current BP702 Sections3–4 and7–8: https://lawphil.net/statutes/repacts/ra2017/ra_10932_2017.html
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