Which of the Following Warranties Is Given by the Transferor

question 73

Multiple Choice

Which of the following warranties is given by the transferor of a negotiable instrument?

• A) All signatures are genuine or authorized.
• B) There is no knowledge of a material alteration.
• C) There is no knowledge that any defense is good against him.
• D) A,B,and C are given.
• E) B and C only are given.

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Definitions:

Protective Coating

A layer of material applied to objects or surfaces to guard against damage or corrosion.

Fovea

A small depression in the retina of the eye where visual acuity is highest, containing a high concentration of cones for daytime vision.

Sclera

The white outer layer of the eyeball, providing protection and form.

Retina

is the light-sensitive layer of tissue located at the back of the eye, responsible for converting light rays into neural signals for vision.