Examlex
Which of the following statements about oceans is not true?
Immediate Loss
Financial damage or cost incurred directly as a result of an event, action, or decision, without any delay.
Forged Instruments
Documents that are illegally altered or created to deceive or commit fraud.
Presentment Warranty
A guarantee in commercial transactions that all statements and endorsements regarding a negotiable instrument are true.
Altered Check
A negotiable instrument that has been unlawfully modified in order to benefit someone other than the intended payee, typically involving change to the amount or payee name.
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