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 dis?hon?ors 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.

Question

Quizplus · Accepted Answer

Kip is the party most likely liable to Mira in a civil suit because he wrote the check, and it was his responsibility to ensure that there were enough funds in the account to cover it. Local Bank may be subject to administrative fines or penalties for the dishonored check, but they are not liable to Mira. Criminal prosecution is not an option in this scenario as it was not mentioned that Kip committed a criminal offense.

Kip Writes a Check for $1,000 Drawn on Local Bank