Jackson pays Phil in good faith for a promissory note. Phil warrants that the draft has not been altered. This is
A) a presentment warranty.
B) a transfer warranty.
C) a signature warranty.
D) a breach of warranty.
Correct Answer:
Verified
Q25: Lewis makes a note payable to MaxiFinance
Q26: Fact Pattern 27-1B (Questions B6-B7 apply)
Charlton is
Q27: Danton, a mentally impaired person, is asked
Q28: Ada is the maker of a note,
Q29: Kurt writes a check on his account
Q32: Employment Personnel Company draws a check payable
Q33: Dulcey agrees to cosign a promissory note
Q34: Fiona writes a check "pay to the
Q49: Celine issues a note "payable to the
Q52: Community Bank receives a check drawn by
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents