A person,other than a collecting bank or other intermediary,who negotiates a document of title for value:
A) warrants to her immediate purchaser that the document is genuine.
B) warrants to all who later take the document that it is genuine.
C) warrants that nothing impairs the document's validity or worth.
D) makes no warranties.

Question

Quizplus · Accepted Answer

A person who negotiates a document of title for value warrants to her immediate purchaser that the document is genuine, ensuring the authenticity of the document at the time of negotiation.

A Person,other Than a Collecting Bank or Other Intermediary,who Negotiates