Multiple Choice
Which of the following is a warranty of the transferor?
A) Transferor has no knowledge of any insolvency proceedings with respect to the maker, acceptor, or drawer of an unaccepted instrument.
B) Transferor warrants that all signatures are authentic and authorized.
C) Transferor warrants that he is entitled to enforce the instrument.
D) All of the above are warranties of the transferor.
Correct Answer:
Verified
Correct Answer:
Verified
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