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Sol is a 4-year-old boy who fell off his swing set and hit his head. He cannot remember what he was doing prior to his fall. Sol is suffering from
Postdated Check
A check written with a date in the future, preventing the check from being deposited or cashed until that date.
Properly Payable
Refers to checks or drafts that meet all criteria for payment by the bank on which they are drawn, in accordance with the account holder's instructions and the bank's agreement with the customer.
Refusing To Pay
Refusing to pay describes a situation where a party deliberately does not settle a financial obligation, debt, or bill owed to another.
Postdated
Referring to a check or other document dated at some point in the future, not effective or valid until that date.
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