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Business Law - Check Diego Bisi

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Published on Oct 8, 2020

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Check is a payment order issued against a bank, due to a provision that the issuer has with the drawee, originating from a bank deposit and opening of credit. Most of the doctrine considers it as an improper credit instrument, as they understand that the check works better as a means of payment than as an instrument of credit circulation. It is a credit instrument of a linked model, and can be effectively issued on paper provided by the drawee bank (loose or in a booklet).

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