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The fringes are the result of
Alteration Defense
A legal argument used when a document has been changed or modified, affecting the obligations or rights under that document.
Presentment
The formal presentation of a document such as a check or bill of exchange for payment or acceptance.
Negotiable Instrument
A document that ensures the payment of a specified sum of money, either upon request or at an established date, with the payer's name indicated on it.
Presentment Warranties
Guarantees made by the presenter of a negotiable instrument, such as a check, regarding the legitimacy and authority to transfer the instrument.
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