Graver gave Srau a postdated check for $2,000 as a deposit on a sailboat as acceptance of

Question:

Graver gave Srau a postdated check for $2,000 as a deposit on a sailboat as acceptance of Srau’s offer to sell the boat. Later, after Srau sold the boat to someone else, he claimed that the check was not really part of a binding contract because it was postdated, and thus created a qualifi ed acceptance. Did postdating the check affect its negotiability?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Essentials Of Business Law

ISBN: 9780073377056

7th Edition

Authors: Anthony Liuzzo, Joseph Bonnice

Question Posted: