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Simple English definitions for legal terms

certificate of dishonor

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A quick definition of certificate of dishonor:

A certificate of dishonor is a notice given to the person who endorsed a check or other financial instrument that the payment has been refused. This notice is important because it is a condition of the endorser's responsibility to pay if the original payer cannot. It is also called a certificate of protest.

A more thorough explanation:

Definition: A certificate of dishonor is a notice given to the indorser of a financial instrument, such as a check or promissory note, that the payment or acceptance of the instrument has been refused. This notice is a requirement for the indorser's secondary liability.

Example: If John writes a check to Jane, and Jane tries to cash it but the bank refuses to honor it due to insufficient funds, the bank will issue a certificate of dishonor to Jane. This notice informs Jane that the check was not accepted and that she may have to seek payment from John.

Explanation: The certificate of dishonor is an important legal document that protects the rights of the parties involved in a financial transaction. It notifies the indorser that they may be held liable for the payment of the instrument and gives them the opportunity to take action to protect themselves. In the example given, Jane can use the certificate of dishonor to demand payment from John or take legal action if necessary.

certificate of discharge | certificate of dissolution

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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