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No a cheque cannot be considered as money. There is no surety whether it will honor or not. Cheque will be subject to realization.
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Are credit cards considered to be money?
Although many people treat them as such, no, credit cards are not considered to be money.
What happens if I spend the money from a bad check that was written to me?
First of all, you cannot get any money from a bad check. So, there is no way you can spend money from a bad check. However, if you are referring to spending money from your own pocket or credit card before the check is cashed, then you have no choice but to incur the expenses and try to chase the person who gave you the check to get a replacement check.
Can you cash a money gram money order at a check cashing outlet?
nope...MoneyGram is a company that will take your money and sell you a worthless check. The ONLY way to cash it is at YOUR bank.
What are online money market accounts?
A money market account is similar to a savings account. However, it typically requires a higher balance and offers a higher interest rate. Some accounts also allow check writing from the account, so it is considered a liquid asset.
How much money is considered rich?
Usually rich is considered 900,000 dollars or trillionare.
A check is considered money because checks are?
A check is considered money because a check is exchangeable to cash when submitted in a bank. And that is, provided the person who gave the check has enough money in his account to pay for the check that you have in hand.
Is a check considered cash?
no way check not consider a cash because cash in form money and check is just only bank document page through we get access to our money.
If Ashma Dawadi write a check to pay for your college tuition What kind of money is considered as Ashma's money?
cheque
Could be considered a crime a check given to secure a payday loan?
Checks given for payday loans are generally post dated. This means if the money is not there for the loan to be paid it is considered fraud and a crime. Also if the check is a rubber check or fake.
Is a check considered to be money?
A check from a person's checking account with a bank is used as cash to make purchases. In that sense it is quite acceptable as cash currency.
Can a person use a draft check fraudulently?
A person should not use any check fraudulently. Any action that attempts to get money from a check that doesn't belong to you or shouldn't be cashed is considered fraud. It is a crime.
Is it considered felony theft for someone to present a check twice and receive money on both occasions?
It is a theft. Whether it is a felony depends on the amount of the check and the laws of the state and/or the federal government.
What does the US consider money?
Money is what is considered money.
If someone give a cheak but no money in bank but the law say?
If a check is given with insufficient funds in the bank, it is considered a bounced check, which is illegal. The law can impose penalties such as fines or legal action against the individual who wrote the check. It is important to ensure that there are sufficient funds in the bank account before issuing a check to avoid legal consequences.
Do i need to have money in my account to pay with check?
Yes you do or theres nothing for you to have a check and every check requires money.
Do people get money in cash or check?
check
Are credit cards considered to be money?
Although many people treat them as such, no, credit cards are not considered to be money.
