If an issuer forgets to write the date on a check, what is the effect?
A) The payee may write in the date consistent with the intent of the issuer, but must put a notation on the check to the effect that it was altered.
B) The payee may write in the date consistent with the intent of the issuer and may transfer the check to a holder in due course.
C) The payee may write in the date consistent with the intent of the issuer, but may not transfer the check to a holder in due course.
D) The check is no good, cannot be completed by anyone, and should be destroyed.
E) The check is good only if the payee can get in touch with the issuer and have the issuer fill in the appropriate date.

Question

Quizplus · Accepted Answer

The payee may write in the date consistent with the intent of the issuer and may transfer the check to a holder in due course. This is because the Uniform Commercial Code (UCC) allows for certain deficiencies in a negotiable instrument, like a check, to be corrected by the holder if the correction is made in good faith and in accordance with the original intent of the parties involved.

If an Issuer Forgets to Write the Date on a Check