A Predated Check Is Unlawful, but a Postdated Check Is

question 10

True/False

A predated check is unlawful, but a postdated check is not.

---

Definitions:

Treasury Bonds

Long-term government debt securities with a maturity of more than ten years, offering periodic interest payments to the holder.

Stock Dividends

Financial shares of a company's profit distributed to its shareholders typically issued in proportion to the number of shares held.

Current Account

A component of a country's balance of payments that measures the trade of goods and services, investment income, and direct transfers with foreign entities.

Goods Exports

The act of selling and shipping goods from one country to another country.