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Which of the Following Is True About Conditions Under Which

Question 40

Multiple Choice

Which of the following is true about conditions under which presentment is waived or excused?


A) If the creditor cannot with reasonable diligence present the instrument
B) If the instrument's terms require it
C) If the debtor waived the notice of dishonor
D) If the drawee instructed the drawer not to pay or accept
E) If the drawer was not obligated to the drawee to pay the draft

Correct Answer:

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