A transferor makes certain implied warranties to the transferee when a bill of lading is transferred. These warranties are:
A) that the bill of lading is genuine, that its transfer is rightful, and that the transferor has no knowledge of any defects.
B) not applicable if the instrument is nonnegotiable.
C) not applicable to negotiable transfers.
D) none of the above.
Correct Answer:
Verified
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