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    Business Law Study Set 1
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    Exam 29: Transfers of Negotiable Instruments and Warranties of Parties
  5. Question
    Thomas, the Holder of a Check, Presents It to the Drawee
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Thomas, the Holder of a Check, Presents It to the Drawee

Question 40

Question 40

True/False

Thomas, the holder of a check, presents it to the drawee bank for payment. If Thomas endorses the check, Thomas warrants that the account of the drawer in the drawee bank contains funds sufficient to cover the check.

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