ANS
A
(Section 1)
C
(Section 2)
C
(Section 3)
B
(Section 4)
A
(Section 5)
A
(Section 6)
A
(Section 7)
#
STATEMENTS AND CHOICES
1 The person who issues check upon his knowledge of
his insufficient account balance may be fined not
exceeding this amount of money.
A. TWO HUNDRED THOUSAND PESOS
B. THO HUNDRED FIFTY THOUSAND PESOS
C. THREE HUNDRED THOUSAND PESOS
2 Such is evidence of knowledge of insufficiency of
funds or credit of a drawer which can be used against
him unless he pays the holder the amount due from
him or makes arrangements for payment in full by the
drawee of such check within (5) banking days after
receiving notice that such check has not been paid by
the drawee.
A. A CHECKED REFUSED BY THE
CORPORATION WHO IS THE HOLDER
B. A CHECKED REFUSED BY THE DRAWER
HIMSELF
C. A CHECKED REFUSED BY THE DRAWEE
BANK
3 It has the duty to present in written, printed or stamped
form, in plain language, the reason for dishonoring and
refusing to pay the check holder when the drawer has
insufficient funds in his account.
A. CORPORATION AS THE CHECK HOLDER
B. BANK AS A DRAWER
C. DRAWEE BANK
4 It refers to an arrangement or understanding with the
bank for the payment of such check.
A. DEBIT
B. CREDIT
C. BALANCED
5 Prosecution under the Batas Pambansa Blg. 22 shall
be without prejudice to any liability for violation of any
provision
6 If any case the Batas Pambansa Blg. 22 is declared as
such in any separable provision, the remaining
provisions shall continue to be in force.
A. UNCONSTITUTIONAL
B. PENDING
C. INVALID
7 After publication in the Official Gazette, the Batas
Pambansa Blg. 22 shall take effect after this specific
number of days.
A. FIFTEEN DAYS
B. TWENTY DAYS
C. THIRTY DAYS