If I give a check to someone (as a gift) and I change my mind, am I halachically allowed to cancel it, or do we say that the check is a shtar, and by signing it is considered as if I gave him the money?
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Based on the legal definition of a check it would seem to me that it is alot more than just a piece of paper, and you have no right to cancel it.
I would argue that part of the institution of check-writing is the understanding that one may cancel the transfer of funds at any time up until the funds have actually been drawn. Keep in mind: