Multiple Choice
Warranty liability applies to persons who:
A) transfer an instrument.
B) obtain payment or acceptance of an instrument.
C) have signed the instrument, but not on those who have not signed.
D) All of the above.
E) Both (a) and (b) are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q20: To certify a check,the bank must:<br>A)tell the
Q23: In which of the following situations has
Q26: Presentment is a demand made by or
Q39: Any kind of notice of dishonor that
Q45: Franz signs a $1,000 note payable to
Q47: "Presentment" is necessary within 10 days of
Q67: An accommodation party is a direct beneficiary
Q68: Checks, when accepted, are said to be
Q68: When a severe weather warning has been
Q68: The signature of the maker of a