If an Instrument Is Not an Unaccepted Draft Presented to a Drawee

Multiple Choice

If an instrument is not an unaccepted draft presented to a drawee, which of the following presentment warranties is applicable?

A) That the warrantor of the instrument is entitled to payment.
B) That the instrument has not been altered.
C) That the warrantor has no knowledge that the drawer's signature or the draft is unauthorized.
D) That the warrantor of the instrument is entitled to payment, that the instrument has not been altered, and that the warrantor has no knowledge that the drawer's signature or the draft is unauthorized.
E) The warrantor of the instrument is entitled to enforce the instrument and that the warrantor has no knowledge that the drawer's signature or the draft is unauthorized, but not that the instrument has not been altered.