The UCC states that a customer can postdate a check and that the customer has no obligations to give the bank notice of the postdated check.
Correct Answer:
Verified
Q5: The businesses community considers cashier checks to
Q6: A check is a special kind of
Q7: How many parties are related to an
Q8: The UCC requires banks to certify a
Q9: Under the UCC, money orders are considered
Q11: Under the UCC Article 3, checks are
Q12: Which of the following is true regarding
Q13: The Federal Reserve has stated that Regulation
Q14: Both commercial and consumer electronic fund transfers
Q15: A check that is substituted for a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents