Here is a legal scenario I wonder if is legal and enforceable as a contract in the State of Ohio, and other States.
Joe owes a legal debt of $1000 to Tim. Joe can’t afford the full amount of the debt, so he issues a check to Tim for $200. On the back of the check is fine print, which says:
Payee, Tim, agrees that by cashing, endorsing or signing considers this debt of one thousand to be paid in full.
Tim cashes the check, but ignored the fine print and later refuses to consider the amount paid in full. How would this play out in court? Your best educated guess. Is there any case law on this?
If you don’t have a J.D. after your name, or working on one, or don’t know what the letters stand for, please give your fingers a rest and sit this one out.
2006-07-29
07:46:34
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7 answers
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asked by
Tim
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