A person who transfers an instrument for consideration warrants that all signatures are authentic and authorized.
Correct Answer:
Verified
Q25: Presentment can be properly made by any
Q27: Transfer warranties can be disclaimed with respect
Q28: A drawer's secondary liability does not arise
Q29: Presentment warranties protect the person who presents
Q31: Universal defenses are valid against all holders,
Q32: The holder of an instrument can discharge
Q34: Sergio makes a gift of a check
Q35: The lack or failure of consideration is
Q49: Edna is the payee of a bearer
Q51: Vicenzo, in good faith and for value,
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