Question: A check written on December 3 is postdated to December 20 of the same year. Which of the following statements is correct? a. The check
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 full answer
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