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Student’s Name Course Instructor Course Title Date Respecting the rule of law It is always a good thing to respect the rule of law when it comes to the property of people. That is why; certain laws were put in place to ensure that this takes place. Being that people can own property then they should also be protected by the law. When someone writes a check to a bank, he expects that money would be drawn from his account, and the relevant payment is made. The money from the bank account acts as its property. Therefore, he is the person who owns that property, and it should be respected according to the rule of law. When it comes to selling and buying of properties the most common method of payment used is the check. However, that is not the case in most situations when there is a Non-sufficient fund. A nonsufficient fund is a terminology that is commonly used in the financial institutions to show that there are insufficient funds in one's account and therefore his check cannot be honored. In a situation where there are not sufficient funds, the check will always be written ‘Refer to Drawer.’ That is the initial stage where the respect to property right is still disregarded. That is because the drawer is ever expected to give a detailed explanation as to why the check could not be honored. The present fact is that the bank account belongs to the drawer and there was an insufficient fund. Therefore, the drawer should note submitted to any pressure to explain why it the check was bounced back (O'Donnell, 34). In case of non-sufficient funds, the person who wrote the check may as well suffer the
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