The ________ is the production of an instrument to a party liable to pay on it for that party's acceptance or payment.

Name: The ________ is the production of an instrument to a party liable to pay on it for that party's acceptance or payment.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The correct term is "presentment of the instrument," which refers to the process of presenting a financial instrument (like a check or draft) to the party responsible for paying it, for the purpose of obtaining acceptance or payment.

The ________ Is the Production of an Instrument to a Party