Anyone who presents a check for payment makes certain warranties.Which of the following is NOT one of those warranties?
A)that he or she is a holder
B)that the check has not been altered
C)that the drawee is a solvent institution
D)that all signatures are authentic

Question

Quizplus · Accepted Answer

The presenter of the check does not make any warranty about the drawee's financial stability or solvency. The other three warranties listed (holder, unaltered, authentic signatures) are typically made by the presenter of a check.

Anyone Who Presents a Check for Payment Makes Certain Warranties