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If a Holder Presents a Note for Payment to the Maker,which

Question 50

Multiple Choice

If a holder presents a note for payment to the maker,which one of the following warranties is given?


A) All indorsements are genuine.
B) All signatures are genuine.
C) Holder has no knowledge that any indorsements are forged.
D) Holder is entitled to enforce the note or is authorized to obtain payment on behalf of the person entitled to enforce the note.

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