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Presentment Is a Demand Made by or on Behalf of a Person

Question 26

Multiple Choice

Presentment is a demand made by or on behalf of a person entitled to enforce the instrument for:


A) payment by the drawee or other party obligated to pay the instrument.
B) acceptance by the drawee of a draft.
C) Both (a) and (b) are correct.
D) None of the above.

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