Multiple Choice
Under the UCC, how can proper presentment be made?
A) By any commercially reasonable means.
B) Only through a clearinghouse procedure.
C) Only at a place designated in the instrument.
D) By any commercially reasonable means, through a clearinghouse procedure, or at a place designated in the instrument.
E) By any commercially reasonable means or at the place designated in the instrument, but not through a clearinghouse procedure.
Correct Answer:

Verified
Correct Answer:
Verified
Q25: Which of the following is true regarding
Q26: [Banking Problems] Celine is a loan officer
Q27: _ occurs when a former holder of
Q28: Which of the following is true regarding
Q29: If an accommodated party pays a note
Q31: The term _ occurs when a holder
Q32: The UCC states that a check must
Q33: [Banking Problems] Celine is a loan officer
Q34: The most common reason that improper presentment
Q35: An agent's signature can create liability for