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When a negotiable instrument is transferred, the transferor warrants all of the following EXCEPT:_______ a. As far as she knows the issuer is solvent. b. The instrument has not been altered. c. All signatures
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When a negotiable instrument is transferred, the transferor warrants all of the following EXCEPT:_______

a. As far as she knows the issuer is solvent.
b. The instrument has not been altered.
c. All signatures are authenticthe instrument is bearer paper.

User Richard Walton
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1 Answer

1 vote

Answer:

The answer is "that, the transferee is also an instrument holder only in the precise way".

Step-by-step explanation:

In the given question the correct choice was missing. so, the correct choice can be defined as follows:

This is a signed contract guaranteeing a monthly payment to just the individual or consumer in question like, Inspections, money orders, and promissory notes are typical examples of negotiable instruments, in which its holder is the instrument only for the transferor, and the wrong choice can be defined as follows:

  • In choice a, it is incorrect because not all signatures were authentic.
  • In choice b, it is incorrect because the issuer is solvent as far as she does not know.
  • In choice c, it is wrong because the system was changed.
User RoiEX
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