Examlex

Solved

Under Revised Article 4, If a Bank Pays a Postdated

question 42

True/False

Under Revised Article 4, if a bank pays a postdated instrument prior to its date, it will be a proper debit to the drawer's account, unless the drawer had timely informed the drawee that the check was postdated.


Definitions:

Informative Title

Title that highlights the conclusion to be drawn from the data.

Demand Grows

The increase in consumer desire or need for a particular product or service over time.

Audience

The group of people targeted by a message, presentation, or piece of content, whose interests and characteristics influence how the message is crafted.

Caption

A caption is a brief explanation or description accompanying an illustration, photo, or diagram to provide context or information.

Related Questions