 |
 |
Free Books / Finance / Canadian Banking Practice / |  |
|
|
||||
|
|
|||
|
|
|||
|
||||
|
|
||||
|
   |
|
||
|
Post-Dated Bills |
|
||
|
||||
|
|
|
||
|
||||
|
|
Free Books / Finance / Canadian Banking Practice / | |
|
|
||||
|
|
|||
|
|
|||
|
||||
|
|
||||
|
|
|
||
|
Post-Dated Bills |
|
||
|
||||
|
|
|
||
|
||||
This section is from the book "Canadian Banking Practice", by John T. P. Knight.
This section is from the "" book, by .
Question 58. - What risk, if any, does the bank run in discounting a note dated ahead of the day of discount?
Answer. - A post-dated bill is by sec. 27 (d) of the Bills of Exchange Act, declared to be not invalid by reason of the post dating.
Continue to:
banking, cash, money, receipts, signature, cheque, banker, bills, debts, bank draft, bank money order, bank notes, attorney, payment, borrowing, corporation, collections, liability, deposit, business, deceased, endorsement, rules, security, guarantee, identification, insurance, loan, stock, wire, transfer
|
|
|
|
 |
|