A Person Who Transfers a Negotiable Instrument to Someone Else

Multiple Choice

A person who transfers a negotiable instrument to someone else and for consideration makes a warranty that:

A) all signatures on the instrument are authentic.
B) some signatures on the instrument are authorized.
C) the beneficiary cannot recover any amount from the warrantor if the warranty has been breached.
D) the warrantor is aware of insolvency proceedings commenced with respect to the maker.