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Question is if a contract says to "pay someone monthly"
And you pay them...person cashes in the check ...that constitutes payment
Person was "paid"
Then after that if the check doesn't clear because the payer's account overdrafts, then that doesn't change the fact the payer still paid the payee, correct?
After that contractually the payee has no right to file claims that the amount owed wasn't paid, right? The payee can decide not to do further business with the other party, but amount owed was paid even if not actually received, correct me if I'm wrong
You're kidding, right? If that check bounced, all you've handed the person to whom you owe that debt a useless piece of paper......
Question is if a contract says to "pay someone monthly"
And you pay them...person cashes in the check ...that constitutes payment
Person was "paid"
Then after that if the check doesn't clear because the payer's account overdrafts, then that doesn't change the fact the payer still paid the payee, correct?
After that contractually the payee has no right to file claims that the amount owed wasn't paid, right? The payee can decide not to do further business with the other party, but amount owed was paid even if not actually received, correct me if I'm wrong
AC heck is only an instrument of a "promise to pay".
A check bouncing is a breech of that promise, therefore no payment made.
How about everyone just lets this moronic thread die? 6 pages... come on now...
I show it's only 2 pages, which is still a lot. You may know the number of posts per page can be controlled by making the change in your own control panel. Find "edit option" and set it for your choice. Mine is set at 40 per page.
What you just described are what hundreds of thousands of people have gone to jail for otherwise known as, Writing Bad Checks.
Also known as Kiting Checks.
Still illegal.
Yes, it's writing bad checks.
No, that's not kiting. Kiting is a whole different animal.
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