menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 26: Liability,defenses,and Discharge
  5. Question
    To Properly Present a Draft for Payment,the Holder Must Present
Solved

To Properly Present a Draft for Payment,the Holder Must Present

Question 12

Question 12

True/False

To properly present a draft for payment,the holder must present it to the drawer.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q9: Quincy signs a check payable to Richland

Q10: Laptop Assembly Company gives a $3,000 promissory

Q11: To borrow the money to buy a

Q13: Audio Science Company's agent Bailey is authorized

Q14: Derby Stables writes a check to Extendo

Q15: Dandy Lyin' Furniture Store borrows $100,000 at

Q16: Toby signs a note "payable to the

Q17: An imposter's indorsement on an instrument can

Q38: Presentment warranties protect the person to whom

Q43: An ordinary holder can recover nothing on

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines