Question: According to Uniform Commercial Code (UCC) Section 3-401(a), _____ leads to liability on a negotiable instrument. Multiple Choice writing without recourse on the instrument nonpresentment

According to Uniform Commercial Code (UCC) Section 3-401(a), _____ leads to liability on a negotiable instrument.

Multiple Choice

  • writing "without recourse" on the instrument

  • nonpresentment of the instrument

  • signature on the instrument

  • proper payment of the instrument

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