Transfer warranties cannot be disclaimed if the indorsement states "without recourse."
Correct Answer:
Verified
Q52: What is a transfer of an instrument?
A)
Q53: Implied warranties are made when a negotiable
Q54: Warranty liability is imposed whether or not
Q55: A(n) _ defense is a type of
Q56: List the presentment warranties related to negotiable
Q58: A transferee who took an instrument in
Q59: What are forged negotiable instruments?
Q60: Which of the following is a characteristic
Q61: What is the defense of fraud in
Q62: Fraud in the inducement is a personal
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