What warranties are given by presenters depend upon who is the payor or acceptor.
Correct Answer:
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Q1: Presentment is a condition to the holder's
Q2: Failure to give notice of dishonor will
Q3: Return for lack of proper indorsement constitutes
Q4: Presentment for payment is one step necessary
Q5: Notice of dishonor is waived if presentment
Q7: Drawers of checks may disclaim contractual liability
Q8: A time draft presented for payment is
Q9: Presentment for payment is excused if the
Q10: In the banking system,the time for dishonor
Q11: A drawee bank is primarily liable after
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