Multiple Choice
By operation of law, anyone who presents a check for payment makes all of the following implied presentment warranties except
A) The presenter is the legitimate owner of the check.
B) The check has not been wrongfully altered in any way.
C) The check was originally tendered with consideration.
D) The presenter has no reason to believe that the drawer's signature is forged.
Correct Answer:

Verified
Correct Answer:
Verified
Q40: Kevin is the representative of Markus, the
Q41: Renaldo wrote a check from his bank,
Q42: Another word for representative is<br>A) Principal<br>B) Agent<br>C)
Q43: Marvin forges Ed Moore's signature on a
Q44: Brooke receives a check from Travis which
Q45: Alfred owned Sparkle Industries and was extremely
Q47: Betty is the treasurer for a not-for-profit
Q48: All of the following are examples of
Q49: Sadie steals a check from Kevin's checkbook,
Q50: Explain the defenses that always apply against