Under the Recent Amendments to Article 4,postdated Checks

question 58

Multiple Choice

Under the recent amendments to Article 4,postdated checks:

• A)are now invalid and create no obligation to pay on the drawee bank's part.
• B)are not properly payable by the drawee bank until the date on the check.
• C)may be paid by the drawee bank before the date on the check unless the customer has given notice to the contrary.
• D)may be paid by the drawee bank unless the customer gives notice of the postdating in a way that at least partially describes the check.

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Definitions:

LiCu

Lithium cuprate, a compound used in organic synthesis for coupling reactions.

Organic Product

The compound or compounds resulting from an organic reaction, often characterized by carbon-based structures.

Reaction

An activity in which reactants are processed and turned into different materials, which are identified as products.

Organic Product

A substance that originates from living entities or is produced through organic processes.