Check
The check is more commercial paper exercise the work
Definition of the check
The check is defined as a paper containing an order from someone called the drawer to the drawee is a person and is usually one of the banks to pay once found a certain amount of money to a third person is the beneficiary or his permission or for pregnant .. The three people they (the drawer and drawee and the beneficiary)
- The establishment of the check
The establishment of the check to the terms of formality taken into account in its report and check function as a mode of acting as money in the transaction is also subject drawer of the check's commitment to objective conditions.
First: the substantive conditions
Applying what came of the Commercial Code as commercial paper from business origin. So Whoever puts his signature on the check, any one who committed whereby be enjoying the necessary capacity to do the work of trade (15 years) as well as the required availability of satisfaction flawless, the shop, and why the two projects
Second: the formal requirements
1 - word (check) written in the body of the instrument and the language in which he wrote
2 - date of establishment of the check and place of its creation
3 - Name obliged to fulfill (drawee)
4 - Name must be met to him or to his command
5 - hanging is not conditional on the fulfillment of a certain amount of money
6 - a place to meet
7 - Signature of the created check (drawer)
Check trading
The recipient may retain the check and submit it to the drawee to meet has been transmitted to another person and mode of transmission of the check depends on the form it takes
Stop trading method check on the form it takes:
1 - If the check on behalf of a particular person, whether the text explicitly (provided it) or did not stipulate therefore be capable of being handled in a manner endorsement
2 - If the check on behalf of a particular person and included a phrase (no order) or any other similar phrase may not be traded only right to follow the provisions of the Money
3 - If the check to the carrier by means of delivery or trading Handling
4 - If the check on the condition included (Inability to trade) not only pays for carrier
- Fulfillment of Balchik
In order to meet the check leads us to talk 1 - Deadline for submission meet in check 2 - and the opposition to meet the 3 - refer to the non-fulfillment of 4 - responsibility for the payment of forged checks
1 - Deadline for submission meet Balchik
The check is more commercial paper exercise the work
Definition of the check
The check is defined as a paper containing an order from someone called the drawer to the drawee is a person and is usually one of the banks to pay once found a certain amount of money to a third person is the beneficiary or his permission or for pregnant .. The three people they (the drawer and drawee and the beneficiary)
- The establishment of the check
The establishment of the check to the terms of formality taken into account in its report and check function as a mode of acting as money in the transaction is also subject drawer of the check's commitment to objective conditions.
First: the substantive conditions
Applying what came of the Commercial Code as commercial paper from business origin. So Whoever puts his signature on the check, any one who committed whereby be enjoying the necessary capacity to do the work of trade (15 years) as well as the required availability of satisfaction flawless, the shop, and why the two projects
Second: the formal requirements
1 - word (check) written in the body of the instrument and the language in which he wrote
2 - date of establishment of the check and place of its creation
3 - Name obliged to fulfill (drawee)
4 - Name must be met to him or to his command
5 - hanging is not conditional on the fulfillment of a certain amount of money
6 - a place to meet
7 - Signature of the created check (drawer)
Check trading
The recipient may retain the check and submit it to the drawee to meet has been transmitted to another person and mode of transmission of the check depends on the form it takes
Stop trading method check on the form it takes:
1 - If the check on behalf of a particular person, whether the text explicitly (provided it) or did not stipulate therefore be capable of being handled in a manner endorsement
2 - If the check on behalf of a particular person and included a phrase (no order) or any other similar phrase may not be traded only right to follow the provisions of the Money
3 - If the check to the carrier by means of delivery or trading Handling
4 - If the check on the condition included (Inability to trade) not only pays for carrier
- Fulfillment of Balchik
In order to meet the check leads us to talk 1 - Deadline for submission meet in check 2 - and the opposition to meet the 3 - refer to the non-fulfillment of 4 - responsibility for the payment of forged checks
1 - Deadline for submission meet Balchik