TLC Topic: Indemnity

A red sign on a farm gate. The white text says "beware of the bull" in capital letters. The sign is attached using plastic ties. A gravel path and greass lead into the background.
Sarah Fox

#24: It’s tricky

On this day in 1659, the first known British cheque was written for £400, or nearly £80,000 in today’s money. A cheque is a great example of using an expert (the bank) to carry out a task (paying someone) on your behalf. Read the full edition here Tricky Legal Conundrum

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