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  3. Study Set
    Business Law and the Regulation of Business Study Set 2
  4. Exam
    Exam 27: Bank Deposits Collections and Funds Transfers
  5. Question
    Under Revised Article 4, If a Bank Pays a Postdated
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Under Revised Article 4, If a Bank Pays a Postdated

Question 42

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.

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