Warranty Liability Arises in the Negotiation of an Instrument Even

question 44

True/False

Warranty liability arises in the negotiation of an instrument even when the transferor does not sign it.

---

Definitions:

Gain From Trade

The benefit or advantage resulting from the exchange of goods or services between parties.

International Trade

The movement of goods and services across the demarcations of international borders or territories.

Benefit All

A principle or approach aimed at ensuring policies or actions lead to positive outcomes for the entire population or group involved, not just a select few.

Citizens

Members of a particular nation or state who are recognized under the law as legal members of that nation, entitled to rights and subject to its obligations.