Under the UCC,how Can Proper Presentment Be Made

question 48

Multiple Choice

Under the UCC,how can proper presentment be made?

• A)Only at a place designated in the instrument.
• B)By any commercially reasonable means,through a clearinghouse procedure,or at a place designated in the instrument.
• C)By any commercially reasonable means or at the place designated in the instrument,but not through a clearinghouse procedure.
• D)By any commercially reasonable means.
• E)Only through a clearinghouse procedure.

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Definitions:

Falsehood

A statement that is untrue, misleading, or inaccurate.

Agency Relationship

A legal connection between two parties where one, the agent, is authorized to act on behalf of the other, the principal, in dealings with third parties.

Pedestrian

An individual who travels on foot, especially in areas designated for walking.

Injuries

are damages or harm caused to the body, emotions, or mind of a person.