[rescue] random babble
Chad Fernandez
fernande at internet1.net
Sun Sep 1 13:25:50 CDT 2002
Lionel Peterson wrote:
> --- Chad Fernandez <fernande at internet1.net> wrote:
>
>>>So by default, a check from the U.S. would be "pay to the bearer".
>>
>
> <snip>
>
>>Wow, what is the point of that? That makes a check just like cash!
>
>
> Asked and answered? ;^)
But that is not good. With a check you have some protection if it is
lost or stolen. It's designed to be cashed by a particular person or
organization. The English/Israeli system does not allow for that
protection. For instance sending you rebate chack through the mail
would be like sending cash.... if's lost, it's lost, the money is gone!
Chad Fernandez
Michigan, USA
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