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A 'reasonable person' is a legal fiction I'm pretty sure I've never met.
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Legal Definitions - cold check
The young man knows the rules, but the old man knows the exceptions.
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Definition of cold check
Definition: A type of bad check that is not honored because the account either contains insufficient funds or does not exist.
Example: John writes a check for $500 to his landlord, but he doesn't have enough money in his account to cover the payment. When the landlord tries to cash the check, it bounces back as a cold check.
This example illustrates how a cold check is a type of bad check that is not honored by the bank due to insufficient funds or a non-existent account. It can cause problems for both the person who wrote the check and the person who received it, as the payment is not made as expected.
Law school is a lot like juggling. With chainsaws. While on a unicycle.
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Simple Definition
A cold check is a type of bad check that is not honored by the bank because the account has insufficient funds or does not exist. It is also known as a hot check, worthless check, rubber check, bogus check, false check, or dry check. A check is a draft signed by the maker or drawer, drawn on a bank, payable on demand, and unlimited in negotiability. There are different types of checks, such as cashier's check, certified check, personal check, traveler's check, and more. A canceled check is a check that has been paid by the bank on which it was drawn and is often used as evidence of payment.
Ethics is knowing the difference between what you have a right to do and what is right to do.
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