Transfer warranties attempt to impose liability on the wrongdoer or the person who dealt face to face with the wrongdoer.
Correct Answer:
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Q1: Presentment war?ranties protect the person who presents
Q2: Intentional cancellation of an instrument discharges the
Q3: A drawer is secondarily liable on an
Q4: Every person who signs a negotiable instrument
Q6: Universal defenses are good against all holders
Q8: An unauthorized signature never binds the person
Q9: A person who issues a negotiable instrument
Q10: Dishonor occurs when acceptance of an instrument
Q11: An agent who signs just her own
Q35: The completion of an originally incomplete instrument
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