The UCC excuses presentment for payment or acceptance if:
A)the person who is entitled to enforce the instrument cannot, with reasonable diligence, present the instrument.
B)the maker or acceptor of the instrument has repudiated the obligation to pay, is dead, or is in insolvency proceedings.
C)the drawer or indorser has waived the rights of presentment.
D)the drawee was not obligated to the drawer to pay the draft.
E)All of the above.

Question

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All of the above reasons excuse presentment for payment or acceptance under the UCC. With reasonable diligence, the person who is entitled to enforce the instrument may not be able to present it. The maker or acceptor may have repudiated the obligation, died, or be in insolvency proceedings. The drawer or indorser may have waived their rights to presentment, and the drawee may not have been obligated to the drawer to pay the draft.

The UCC Excuses Presentment for Payment or Acceptance If