QUESTION
Does the transmission of a check discharge a debtor's obligation; or, does the debt remain until the check has been cashed?
Asked on Dec 29th, 2016 on General Practice - New York
More details to this question:
Is debtor obliged to transmit a new check if he's been notified that the original one has been lost? Isn't a check just a promissory note?
1 ANSWER
1 Award
If the check is lost the debt is not paid. This is like the old joke about the lawyer who pays his debt to a deceased by putting a check in the casket.
Answered on Jan 02nd, 2017 at 7:07 AM