18:51
medicine is a scam
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
worthless check
Read a random definition: unde vi
A quick definition of worthless check:
A worthless check is a type of bad check that cannot be cashed because there is not enough money in the account to cover the amount written on the check. A worthless person is someone who does not own anything, and a worthless security is a type of investment that has no value. On the other hand, being worthy means having value and merit. Wounded feelings are emotional injuries that result from insults, humiliation, or disrespect, and can cause pain and suffering.
A more thorough explanation:
Definition: A worthless check is a type of bad check that cannot be cashed or deposited because there are insufficient funds in the account or the account has been closed.
Example: If someone writes a check for $500 but only has $100 in their account, the check will bounce and be considered a worthless check.
Worthless checks can cause financial problems for both the person who wrote the check and the person or business who received it. The person who wrote the check may face legal consequences and fees, while the recipient may lose money and time trying to collect payment.