Which of the following is a warranty made one who presents an unaccepted draft?
A) The transferor is not entitled to enforce the instrument.
B) All signatures on the instrument are not authentic or authorized.
C) The instrument has been altered.
D) Entitled to enforce the draft or to obtain payment or acceptance.
E) The presenter has knowledge that the signature of the drawer is unauthorized.
Correct Answer:
Verified
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A)
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Q35: A person acting (or purporting to act)
Q36: Acceptance of a draft by a bank
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