All of the following except which one are warranted by the transferor of a negotiable instrument?
A) The instrument is not subject to a defense.
B) The transferor has no knowledge of a material alteration.
C) All signatures are authentic and authorized.
D) Transferor has no knowledge of insolvency proceedings instituted with respect to the maker or drawer.

Question

Quizplus · Accepted Answer

The Answer of All of the following except which one are warranted by the transferor of a negotiable instrument?
A) The instrument is not subject to a defense.
B) The transferor has no knowledge of a material alteration.
C) All signatures are authentic and authorized.
D) Transferor has no knowledge of insolvency proceedings instituted with respect to the maker or drawer.

All of the Following Except Which One Are Warranted by the Transferor