Under the Uniform Commercial Code,how can a proper presentment be made?
A)By any commercially reasonable means
B)Through a clearinghouse procedure
C)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)Through a clearinghouse procedure or at the place designated in the instrument,but not by any commercially reasonable means

Question

Quizplus · Accepted Answer

Uniform Commercial Code Section 3-501(b)states that an instrument can be presented: a)by any commercially reasonable means; b)through a clearinghouse procedure; or c)at the place designated in the instrument.

Under the Uniform Commercial Code,how Can a Proper Presentment Be