A check written on December 3 is postdated to December 20 of the same year. Which of
Question:
a. The check ceases to be demand paper and is payable on December 20.
b. A postdated check destroys negotiability.
c. A bank that pays a postdated check early is automatically liable to the drawer for damages.
d. A person who takes a postdated check may not become a holder in due course.
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a It is important to know that postdating a check d...View the full answer
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Related Book For 
Business Law Principles and Practices
ISBN: 978-1133586562
9th edition
Authors: Arnold J. Goldman, William D. Sigismond
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