Question

Fritz Schlotz wrote a $500 check for a new large screen TV. He knew that he had only $300 in his checking account, but he thought he would be making a $250 deposit the next day. If Fritz fails to make the deposit in time, can he be held criminally liable?

A) Yes, for writing a bad check
B) No, as he intended to make a deposit
C) Maybe, depending on local banking regulations
D) Not enough information to determine

Answer 1

Fritz can potentially be held criminally liable for writing a bad check, depending on the local banking regulations.

Step-by-step explanation:

In this scenario, Fritz Schlotz wrote a $500 check for a new large screen TV, even though he only had $300 in his checking account. He believed that he would be making a $250 deposit the next day. However, if Fritz fails to make the deposit in time, he can potentially be held criminally liable for writing a bad check, depending on the local banking regulations.