A joint check is a tool used to ensure that a debt owed by one party, typically a contractor or subcontractor, is paid to another party, such as a material supplier or equipment rental company. Both parties endorse the check, providing assurance that the payment will be applied to the debt owed.

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A Joint Check

Question 4

Multiple Choice

A joint check

A) is no longer legal
B) requires approval from the Owner
C) is one method of guaranteeing a debt to one party is paid
D) is always between the Owner and a Subcontractor

Correct Answer: