To enforce an implied warranty of an indorser,the party claiming under the warranty must give the indorser notice of the breach within fourteen (14)days after the claimant learns or has reason to know of the breach and the identity of the indorser.
Correct Answer:
Verified
Q29: A blank indorsement turns a(n) _instrument into
Q30: The warranties made by an unqualified indorser
Q31: A qualified indorsement is given by using
Q35: An indorsement "for deposit only" is:
A) restrictive.
B)
Q39: The transferring of an instrument in such
Q40: The order or bearer character of the
Q44: If a negotiable order instrument is transferred
Q44: When parties intend to negotiate an order
Q54: Coppersmith executed and delivered negotiable notes to
Q55: A forged or unauthorized indorsement is by
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