Question: Start your answer with either YES or NO, if applicable, to be followed by your legal reason/s (Philippine laws ) Banco de Oro Universal Bank

Start your answer with either "YES" or "NO", if applicable, to be followed by your legal reason/s (Philippine laws )

Banco de Oro Universal Bank issued its own check in favor of Hiro. May Hiro hold the bank liable thereunder if Hiro fails to a. Prove presentment for payment? Explain citing legal reasons. b. Present the bill to the drawee for acceptance? Explain your answer citing legal reasons.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Law Questions!

=+4. Broccoli Pizza & Pasta, an Italian franchise brand, has set up its kitchen area based on the production planning and assembly line techniques to maximize efficiency, to create a wide range of...

Start the answer with either YES or NO, if applicable, then to be followed by legal reasons. 1. Jane and Vanessa formed a partnership to operate a car repaint shop in Baguio City. Jane provided...

Cengage 10 th Edition THE LEGAL ENVIRONMENT TODAY BUILDING SKILLS YOU WILL NEED TOMORROW Roger Leroy Miller Chapter 1 Unit 1. The Foundations 1. Law and Legal Reasoning Feverpitched/iStock/Getty...

Please read this lecture video texts to answer the questions down below, all the information you need is on this DOCUMENT , do not use outside sources: Lecture 1: And. SPEAKER 1 I won't now want to...

Please use this lecture video texts to answer the questions down below: Lecture 1: And. SPEAKER 1 I won't now want to take up proving the plaintiff's case by expert testimony. The standard or...

There are 3 case study assignments, I have provided the required readings with each case study Case study and at the end we are suppose to answer the case study questions READING This forum is a...

You are about to issue the auditors report for Ayewaso Company Ltd, a listed client. Half way through the year the company suffered a major computer systems failure which destroyed the accounting...

*****Review EarthWear's unaudited 2019 financial statements including the "Balance Sheet", "Income Statement", and "Cash Flow" worksheets to obtain a better understanding of the client and to assess...

Business Conduct and Ethics Code Table of Contents A Message From John Watson...................................................................1 The Chevron...

Based on this write-up, should a Head of State at all times be immune from all forms of a lawsuit? CHAPTER VIII POLITICAL LAW: REFORM, REVOLUTION, AND RESISTANCE THE NEO-CLASSICAL PHILOSOPHERS All...

Choose one of the companies introduced in the case and search the Internet to update the status of their project. Also, look at their competitors, and discover how they have responded to the...

Jem Traders, Inc. needs P100,000 to pay a supplier's invoices for a merchandise purchased with terms of 2/10, net 30. Jem Traders wants to pay on the 10th day of the credit term so it can avail of 2%...

An Affirmative Action Plan must be completed by employers that meet which criteria? Question 1 2 options: Private employers with 2 5 or more employees Government contractors and subcontractors with...

When Pill Ltd. acquired 85% of Sill Corporation on January 1, Year 1, for $238,000, the imputed acquisition differential of $60,000 was allocated entirely to goodwill . On December 31, Year 1, a...

To better understand the rules for offsetting capital losses and how to treat capital losses carried forward, analyze the following data for an unmarried individual for the period 2012 through 2015....

Consider the four independent situations below for an unmarried individual, and analyze the effects of the capital gains and losses on the individuals AGI. For each case, determine AGI after...

An investor in a 28% tax bracket owns land that is a capital asset with a $50,000 basis and a holding period of three years. The investor wishes to sell the asset at a price high enough so that he...

Prepare journal entries for each of the following: a. Issued a check to establish a petty cash fund of $600. b. The amount of cash in the petty cash fund is $175. Issued a check to replenish the...

What purpose do internal & independent audits serve for a medical device manufacturer ?

1. The first party (the sender) may dispute the validity of the interpretation, or 2. He/she can accept the interpretation.

2. In this chapter, the reader should reflect on the following concepts: Message, communication error, data, code, information, metaphor.

1. To gain insight about the information processes operating in a communication process.