An instrument "payable on demand" is one that ________.
A)states that it is payable on demand or at sight,or otherwise indicates that it is payable at the will of the holder
B)does not state any time of payment
C)is payable within ten days after presentment
D)states that it is payable on demand or at sight,or otherwise indicates that it is payable at the will of the holder; or does not state any time of payment
E)states that it is payable on demand or at sight,or otherwise indicates that it is payable at the will of the holder; does not state any time of payment; or is payable within ten days after presentment

Question

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According to Uniform Commercial Code Section 3-108(a),an instrument that is "payable on demand" is one that "(i)states that it is payable on demand or at sight,or otherwise indicates that it is payable at the will of the holder; or (ii)does not state any time of payment."

An Instrument "Payable on Demand" Is One That ________