menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law and Strategy
  4. Exam
    Exam 21: Liability, Defenses, and Discharge
  5. Question
    A Guarantee Made by Operation of Law When Someone Transfers
Solved

A Guarantee Made by Operation of Law When Someone Transfers

Question 33

Question 33

Multiple Choice

A guarantee made by operation of law when someone transfers an instrument for consideration is called a


A) Fitness warranty
B) Express warranty
C) Negotiable warranty
D) Transfer warranty

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q28: Marvin received a check written out to

Q29: All of the following are defenses against

Q30: Lola presents a check, dated June 7th,

Q31: Warranty liability is<br>A) The guarantee that the

Q32: An instrument can be presented within any

Q34: In a moment of weakness, realizing the

Q35: An instrument can be discharged by a

Q36: Another word for principal is<br>A) Representative<br>B) Agent<br>C)

Q37: Peter forged Andrew's signature on a check

Q38: The person who accepts the negotiable instrument

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines