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Is the issuance of a check considered a commercial act?

April 26, 2017ACT Commercial issuance

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Is the issuance of a check considered a commercial act?

1 Answer

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Posted

No, it is not in its nature a commercial act and the drawer is not necessarily considered a merchant. However, certain provisions of the Commercial Code of Iran relating to bills of exchange, such as liability of the drawers and endorsers, apply also to checks.