Can Transfer Warranties Be Disclaimed

question 91

Multiple Choice

Can transfer warranties be disclaimed?

• A) no, they cannot be disclaimed for any negotiable instruments
• B) yes, they can be disclaimed for any negotiable instruments
• C) yes, they can be disclaimed, but only by holders in due course
• D) yes, they can be disclaimed, but only for bearer instruments
• E) yes, they can be disclaimed, but only for instruments other than checks

---

Definitions:

Nominal Variable

A nominal variable is a type of categorical data that represents different categories or groups which do not have a natural order or ranking.

Indicator Variables

Indicator Variables, also known as dummy variables, are numeric variables used in statistical models to represent categorical data with two or more categories.

Regression Model

A statistical technique used to analyze and model the relationship between a dependent variable and one or more independent variables.

Logistic Regression

A statistical method used for predicting binary outcomes based on one or more independent variables.