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

question 42

Multiple Choice

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

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

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Definitions:

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