Negotiable Instruments

Memorandum Check

What is a memorandum check?

 

A memorandum check is an evidence of debt against the drawer and although may not be intended to be presented, has the same effect as an ordinary check and if passed on to a third person, will be valid in his hands like any other check. (People v. Nitafan, G.R. No. 75954, Oct. 22, 1992)


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Musikatorni is a musical project by Atty. Ranny Randolf B. Libayan, known for its original song compositions that blend insightful lyrics with captivating melodies.
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