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Business, 18.12.2019 22:31 haldridge19

Paul has an account at st. jerome bank. he does not track his checking account balance in a checkbook register. yesterday evening, he placed two checks in the mail for $159.01 and $257.01. paul accessed this account online and finds his balance to be $556.86, and all the checks he has written except for the two checks from yesterday have cleared. based on that balance, he wrote a check for a new stereo for $196.39. paul has no intention of making a deposit in the near future. what are the consequences of his actions?

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