Rhea Writes a Check for $100 Drawn on Savers Credit

question 26

Multiple Choice

Rhea writes a check for $100 drawn on Savers Credit Union and presents it to Timpani Jewelers for payment. If the check is not backed by sufficient funds, Rhea may be prosecuted for

• A)forgery.
• B)fraud.
• C)negligence.
• D)all of the choices.

---

Definitions:

RUPA

The Revised Uniform Partnership Act, which provides a regulatory framework for the operation of partnerships in the United States.

Illegality

Refers to the condition of being against the law or illegal.

Dissolving Partnership

The process of legally ending a partnership agreement, involving the distribution of assets and liabilities among the partners.

General Partnership

A business arrangement where two or more individuals agree to share in all assets, profits, and financial and legal liabilities of a venture.