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written in, but is already signed. In the figurative sense, it is used to describe a situation in which an agreement has been made that is open-ended or vague, and therefore subject to abuse, or in which a party is willing to consider any expense in the pursuance of their goals. The term
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Cheque writers are advised to specify the amount of the cheque before signing it. A blank cheque can be extremely expensive for the drawer who writes the cheque, because whoever obtains the cheque could write in any amount of money, and might be able to cash it (if the
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211:'s Article 3, Section 115 (a). Writing an amount in a blank cheque, without the authority of the signer, is an "alteration". It is legally equivalent to changing the numbers on a completed (non-blank) cheque.
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Content in this edit is translated from the existing French
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Understanding the
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Understanding the
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A "blank cheque company" refers to a company in development that has no specific business plan, such as a
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