Which Statement Is True Regarding Types of Warranty Liability

Multiple Choice

Which statement is true regarding types of warranty liability?

A) There are two types of warranties in regard to instruments,transfer and presentment.
B) There is only one type of warranty in regard to instruments,transfer.
C) There is only one type of warranty in regard to instruments,presentment.
D) There are three types of warranties in regard to instruments,transfer,presentment,and acknowledged.
E) There is only one type of warranty in regard to instruments,acknowledged.