Under the UCC,how can proper presentment be made?
A) Only at a place designated in the instrument.
B) By any commercially reasonable means,through a clearinghouse procedure,or at a place designated in the instrument.
C) By any commercially reasonable means or at the place designated in the instrument,but not through a clearinghouse procedure.
D) By any commercially reasonable means.
E) Only through a clearinghouse procedure.
Correct Answer:
Verified
Q30: To hold an endorser secondarily liable on
Q31: When a holder presents an instrument in
Q32: What is the name of the party
Q33: Which of the following is true in
Q34: Which kind of party signs an instrument
Q36: Which of the following type of liability
Q37: Which of the following is true regarding
Q38: What is the name of the party
Q39: What is the name of the party
Q40: Which of the following is true regarding
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents