Each negotiable instrument is made up of a series of events beginning with the issuance of the instrument by the party promising to make a payment and ending with __________ of the instrument by the party seeking to receive payment.
A) litigation
B) liability
C) presentment
D) All of the choices are correct.

Question

Quizplus · Accepted Answer

Presentment is the correct term for the process of submitting a negotiable instrument for payment or acceptance.

Each Negotiable Instrument Is Made Up of a Series of Events