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    Business Law and the Regulation of Business Study Set 2
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    Exam 27: Bank Deposits Collections and Funds Transfers
  5. Question
    Collecting Banks Give to a Transferee the Same Basic Warranties
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Collecting Banks Give to a Transferee the Same Basic Warranties

Question 49

Question 49

True/False

Collecting banks give to a transferee the same basic warranties as those given by other parties who transfer commercial paper, except they also may give encoding warranties.

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