Multiple Choice
Fanny signs a note "payable to the order of Guaranty Bank." Guaranty indorses the note in blank and negotiates it to Haji, who sells it to Iona. Liability associated with the transfer of the note from Haji to Iona is
A) no liability.
B) contractual liability.
C) signature liability.
D) warranty liability.
Correct Answer:
Verified
Correct Answer:
Verified
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