If Bill Snick Presents a Draft or Check for Payment

question 49

Multiple Choice

If Bill Snick presents a draft or check for payment of acceptance,which of the following presentment warranties is Bill Snick making?

• A) That he had good title to the check or is authorized to obtain payment or acceptance of the person who has good title.
• B) That the instrument has not been materially altered.
• C) That the presenter has no knowledge that the signature of the maker or drawer is unauthorized.
• D) All of these are correct.

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