
Originally Posted by
djrox
Mighty "might" ridden but incorrect.
The offer and acceptance takes place when the agreement/contract is signed, by authorized and capable parties, and the check (consideration for the agreement) is presented as an instrument of payment.
A check is a written order or request addressed to a bank or persons in the banking business and drawn upon them by a party having money in their hands, requesting them to pay on presentment to a person named on the check or to bearer, a fixed sum of money.
Checks are uniformly payable to bearer. However, in the United States, sometimes they are payable to order. Checks are negotiable instruments, and are technically due before payment has been demanded, as distinguished from promissory notes and bills of exchange, which are payable on a particular day.
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