0
Does a check technically have to be written on paper to negotiable?
Wiki User
∙ 11y ago
Paper is not a legal necessity for writing a check. Lots of transactions are done electronically, with no paper being required. In addition, if you for some reason wished to write a check on parchment, or on a piece of plastic (if you had plastic with the right kind of surface texture that it would absorb the ink from your pen) or whatever you had in mind, a nice piece of tree bark, what matters is that you have written out the instruction to your bank to make a payment to someone, and you have signed it.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What is an ABCP?
An ABCP is an asset-backed commercial paper - a negotiable instrument with short maturity.
HO insurance limit on stolen cash?
You will have to check your insurance policy. It depends on the limits and coverage you purchased. Most home insurance policies however do not cover the loss of negotiable paper such as cash, stocks, bonds nor bullion.
What eats paper?
technically anything can eat paper but to how the body reacts to it... (shrug)
Can you write a check on any type of paper?
Technically you can, but most banks won't recognize one that doesn't have the appropriate routing codes and a consistent format and size.
What is photo paper made of?
Technically, any type of paper, but many people prefer to use glossy paper.
Can you write a check on a plain sheet of paper?
Yes. The defintion of cheque given in negotiable instrument act doesnot require that a cheque must be written on the printed material known as cheque and provided by the bank. it is for the convenience of the banks that they provided prinnted papers with necessary informations useful to them so that they can handle it easily. otherwisw what you know as a cheque is also a piece of paper simply. Mr. Lewis Holden has written a beautiful article on this subject, Please follow the link below. http://www.bankrate.com/brm/news/chk/20010320a.asp Dr. Intaj Malek
Is wall made out of wood?
No, technically a wall is made of paper and paper is made of telrees so yea….
What type of paper is used to make check paper?
Check paper is usually made from a special type of security paper that includes security features like watermarks, microtext, and visible fibers to help prevent fraud and counterfeiting. This paper is resistant to tampering and copying, making it suitable for printing checks that require a high level of security.
What is a written test?
A test in which the questions are written on paper, and the answers are written on paper.
How do trees produce paper?
Trees dont "produce paper". Paper is made from trees because it is technically wood , although it may not seem like it.
Why credit card is not a negotiable instrument?
A credit card is not a negotiable instrument because it does not meet the legal requirements to be classified as one. Negotiable instruments must be unconditional promises to pay a fixed amount of money, which credit cards do not fulfill. Additionally, credit cards involve the extension of credit rather than a direct payment.
How do you check GSM in Kraft Paper?
cut 10x10 cm paper then check the weight of paper on gram. GSM is (weight of paper (W) divide by 0.01)
