THE CONCEPT AND IMPLICATIONS OF A BANK BLANK CHECK

The Concept and Implications of a Bank Blank Check

A "blank check" is a term widely recognized but often misunderstood. In the context of banking and finance, a blank check refers to a check that has been signed by the issuer but does not have an amount filled in. This allows the payee to enter any amount of money they deem appropriate. While it might sound convenient, the use of blank checks comes

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