It is assumed that a drawer or maker will recognize his or her own signature and that a maker or an acceptor will recognize whether an instrument has been materially altered. Therefore, with respect to any of these parties who in good faith accepts an instrument, in terms of presentment warranties,
A)none of them apply.
B)only the warranty that the person obtaining acceptance is entitled to enforce the instrument applies.
C)only the warranties that the instrument has not been altered and that the person obtaining acceptance has no knowledge of an unauthorized signature apply.
D)all of them apply.

Question

Quizplus · Accepted Answer

The Answer of It is assumed that a drawer or maker will recognize his or her own signature and that a maker or an acceptor will recognize whether an instrument has been materially altered. Therefore, with respect to any of these parties who in good faith accepts an instrument, in terms of presentment warranties,
A)none of them apply.
B)only the warranty that the person obtaining acceptance is entitled to enforce the instrument applies.
C)only the warranties that the instrument has not been altered and that the person obtaining acceptance has no knowledge of an unauthorized signature apply.
D)all of them apply.

It Is Assumed That a Drawer or Maker Will Recognize