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Checks are monetary instruments that carry a certain value (as much as the number mentioned in it). They can be used as instruments of payment by one person to another. Person A fills in a certain number in his check, signs it and gives it to Person B for payment. Person B will be able to use this check to get the money due to him from person A.
Checks are usually written in cases where a person who has to pay another person money does not carry sufficient cash with them or do not wish to pay cash but instead want to pay them through other means.
What else can I help you with?
Do you have to write checks in cursive?
No, you do not have to write checks in cursive. You can write checks in print or any legible handwriting style.
Can you skip checks in order to write on something?
No, you cannot skip checks in order to write on something.
The person authorized to write checks on an account is called?
The person authorized to write checks on an account is called the account holder or account operating customer. He/she is the only person authorized to write checks on that account. Nobody else can do so. (In case of a joint account, all holders of the account can write checks)
Why cant an atheist write checks?
Atheists can write checks, just as much as any other person. What a silly question.
If you have a frozen bank account and continue to write checks what happens?
The checks will bounce.
What is the difference between desk checks and personal checks?
Desk checks are checks provided by a bank that are pre-printed with your account information, while personal checks are checks that you write out yourself.
Which type of account allows you to deposit money and write checks?
The type of account that allows you to deposit money and write checks is a checking account.
How do you properly write cents on checks?
To write cents on checks, you can use a fraction or write the amount in words followed by the word "cents." For example, 50 cents can be written as "50/100" or "fifty cents."
Why do people write checks?
because they not very smart
Can you write checks from a money-market account?
yes
Why do people write checks?
People write checks as a convenient and secure way to make payments without using cash. Checks provide a record of the transaction and can be used to pay bills, make purchases, or transfer money to others.
Checks and balances write a paragraph?
Checks and balances are when none of the 3 branches can rule off of each other
