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Post-dated cheques are common and enforceable. [9] In 1998, the Supreme Court ruled that a post-dated cheque is a bill of exchange and does not become payable on demand until the date written on the cheque A "post- dated cheque" is only a bill of exchange when it is written or drawn, it becomes a "cheque" when it is payable on demand.
If you need more time to pay, there are a few things you can try in place of a postdated check. First, you could ask the person or entity that you owe money to for more time to pay.
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A banker's acceptance starts with a deposit in the amount of the future payment plus fees. A time draft to be drawn on the deposit is issued for the payment at a future date, analogous to a post-dated check. The bank accepts (guarantees) the obligation to pay the holder of the draft, analogous to a cashier's check.
In this case, the date is moved forward or backward in time such that it falls in a business day, according to the same business calendar. The choice of the date rolling rule is conventional. Conventional rules used in finance are: Following business day: the payment date is rolled to the next business day.
An antedated contract is a contract whose date is in the past; formally, a contract where the effective date on the contract is prior to the date on which the contract is executed (written, signed, made effective).
Even if your payment is delayed, the SSA recommends waiting three mailing days before contacting the office. You should also review the schedule of Social Security benefits to be sure you know the ...
today's connections game answers for wednesday, december 11, 2024: 1. utopia: paradise, seventh heaven, shangri-la, xanadu 2. things you shake: hairspray, magic 8 ...