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    Business Law Study Set 3
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    Exam 27: Liability Defenses and Dischapterarge
  5. Question
    Warranty Liability Does Not Arise When a Party Delivers a Bearer
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Warranty Liability Does Not Arise When a Party Delivers a Bearer

Question 1

Question 1

True/False

Warranty liability does not arise when a party delivers a bearer instrument because a holder cannot hold the party liable on his or her signature on the instrument.

Correct Answer:

verifed

Verified

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