Transfer warranties cannot be disclaimed with respect to checks.

Name: Transfer warranties cannot be disclaimed with respect to checks.
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

This statement is true. According to the Uniform Commercial Code (UCC), transfer warranties cannot be disclaimed when it comes to checks. This means that the person or entity who transfers a check to someone else essentially warrants that the check is valid and can be cashed, and they cannot avoid or disclaim this warranty.

Transfer Warranties Cannot Be Disclaimed with Respect to Checks