Which warranties does a collecting bank give?
A) Warranty of no alteration only.
B) Good title, genuine signatures, no material alteration, no defense good against it, and no knowledge of insolvency.
C) Only good title and genuine signatures.
D) A collecting bank does not give any warranties.
Correct Answer:
Verified
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a.The sender of a payment
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a.The sender of a payment
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A)is designed to overlap coverage
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