This case has been cited 1 times or more.
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2002-11-27 |
QUISUMBING, J. |
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| in full upon its presentment; and (3) the check is subsequently dishonored by the drawee bank for insufficiency of funds or credit or would have been dishonored for the same reason had not the drawer, without any valid reason, ordered the bank to stop payment.[14] We find the foregoing elements present in this case. Petitioner issued City Trust Check No. 057066, dated January 8, 1996, in the amount of P323,113.50 and payable to Carl Valentin, representing proceeds of his stock market investments which she brokered. She also issued for | |||||