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Jonathan Macaluso
on Dec 19, 2024

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The proper presentment of a negotiable instrument for payment can be made only by commercially reasonable written or electronic means.

Commercially Reasonable

A standard requiring actions that are typical or expected within a business context and in good faith.

Presentment

The act of formally presenting a document, such as a check or draft, to a party for acceptance or payment.

Electronic Means

Using digital technologies or electronic equipment to perform tasks or convey information.

  • Learn the necessary actions a holder must execute to enforce the collection on a negotiable document.
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JP
Jasmine PinkstonDec 22, 2024
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