Kip writes a check for $1,000 drawn on Local Bank and presents it to Mira. Mira presents the check for payment to Local Bank, which dis­hon­ors it. The party most likely liable to Mira is
A. Kip in a civil suit.
B. Kip in a criminal prosecution.
C. Local Bank in an administrative proceeding.
D. neither Kip nor Local Bank.
Answer:A
Kip writes a check for $1,000 drawn on Local Bank and presents it to Mira. Mira presents the check for payment to Local Bank, which dis­hon­ors it. The party most likely liable to Mira is
A. Kip in a civil suit. B. Kip in a criminal prosecution. C. Local Bank in an administrative proceeding. D. neither Kip nor Local Bank.