0
Cashing a check means you have accepted the terms of the deal that was made when the check was written. In certain instances, like a car or house transaction, you may have a certain amount of time to revoke the deal.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
What does it mean to cash in a check?
Cashing a check means converting a instrument of money like a check to the money it is worth. Let us say you get a check for $1000 from a friend and you deposit it into your account with your bank, you will get the money deposited into your account. This is called Cashing a check.
Can a casino main cage cash checks?
If you mean "checks" as in a paper check drawn from a bank account, it is each individual casino that sets the guidelines for check cashing. Most require that you set up a check cashing account. If you mean "checks" as in playing chips, yes, as long as they are from their own casino.
What does date of acceptance mean on a real estate contract?
The date when the signed contract has been delivered to the agent or the seller/buyer. This may now include e-mail as well as faxed copies. This date usually starts the clock on deadlines in the contract, which are often expressed as "within 14 days of acceptance...." etc.
Is cashing a stolen federal check a state or federal offense?
Cashing a stolen federal check is considered a federal offense because it involves stealing a government document and using it to obtain money fraudulently. This falls under federal jurisdiction and can lead to criminal charges at the federal level.
What does quasi mutual assent mean in relation to the contract?
"Meeting of the minds" (Parties involved in a contract must come to an agreement on the particulars of a transaction)
What is a contractual relationship?
Legal relationship between contracting-parties evidenced by (1) an offer, (2) acceptance of the offer, and a (3) valid (legal and valuable) consideration. Existence of a contractual relationship, however, does not necessarily mean the contract is enforceable, that it is not void (see void contract), or not voidable (see voidable contract). Read more: http://www.businessdictionary.com/definition/contractual-relationship.html#ixzz166WySF1X
What does for deposit only mean on a check?
I means exactly what it says, that the check can only be deposited, not cashed and no cash back on a deposit. An even more restrictive endorsement would be "for deposit only in acct. xxxxxxx". Generally speaking, people use this endorsement to prevent someone from stealing the check and then cashing it out.
What does a post dated check mean?
Postdating is to put a date on the check for some time in the future, not the current date. Technically a check is a contract, so if a person took a check into the bank and it was dated for tomorrow, they could not cash it.
What does acceptance USPS mean?
It was accepted for shipping.
How do you make a perfect contract?
If by perfect you mean unable to be legally challenged, I don't think that is possible. If by perfect you mean it meets all of the legal requirements for being a contract, the requisites for formation of a legal contract are an offer, an acceptance, competent parties who have the legal capacity to contract, lawful subject matter, mutuality of agreement, consideration, mutuality of obligation, and, if required under the Statute of Frauds, a writing. If you really don't want to be sued, hiring a competent lawyer now will save you a lot of time, hassle and money in the future.
What do you mean by contract?
contract is a aggrement between two party.
What does contract mean in muscle?
contract in science means to get smaller.
