From: Eric Hughes <hughes@soda.berkeley.edu>
To: cypherpunks@toad.com
Message Hash: adea28d2ec4b19eb153aff23a856d86ab258aeec554b3f921244b75d87a1905a
Message ID: <9305031544.AA01568@soda.berkeley.edu>
Reply To: <9304291359.1.6025@cup.portal.com>
UTC Datetime: 1993-05-03 15:48:04 UTC
Raw Date: Mon, 3 May 93 08:48:04 PDT
From: Eric Hughes <hughes@soda.berkeley.edu>
Date: Mon, 3 May 93 08:48:04 PDT
To: cypherpunks@toad.com
Subject: Tough Choices: PGP vs. RSA Data Security
In-Reply-To: <9304291359.1.6025@cup.portal.com>
Message-ID: <9305031544.AA01568@soda.berkeley.edu>
MIME-Version: 1.0
Content-Type: text/plain
>re paying a reasonable license fee, I wonder if RSA would cash my check
>for (say) $10 if I wrote on the check that it was for a license for
>whatever they might claim on PGP.
RSA might try to cash such a check, but if their bank is smart they
won't accept it. A check is not negotiable if it contains a
condition. Negotiable means it can be bought or sold. If the check
is not negotiable then it can't properly be processed by the check
clearing house, since that would require a negotiation. Only if the
check were drawn on RSADSI's bank would such a check be depositable,
since then your order to pay is being made to the same entity which is
receiving the check.
>One wonders what they would do with
>several hundred checks.
Return them, I would suppose.
Eric
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