Practice question
Does BP22 Section1 separately address a drawer who initially has sufficient funds but fails to maintain coverage within its stated presentment period?
- Yes
- No, only initial insufficiency is ever covered
- Only a forged signature is covered
- Only a civil loan exists in every check case
- No maintaining-funds mode is stated
Legal references
- BP22 Sections1 and3, maintaining funds and drawee duties: https://lawphil.net/statutes/bataspam/bp1979/bp_22_1979.html
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