Opie offers to sell his guitar to Pinky for $200. Pinky agrees. They complete and sign a printed form and Pinky gives Opie a check for the price. The check is

Name: Opie offers to sell his guitar to Pinky for $200. Pinky agrees. They complete and sign a printed form and Pinky gives Opie a check for the price. The check is
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Question

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A check is a formal contract because it is a written document that is signed by both parties and it creates a legal obligation to pay the amount of money stated on the check.

Opie Offers to Sell His Guitar to Pinky for $200