Warranties of a Person Obtaining Payment or Acceptance of an Unaccepted

question 53

Multiple Choice

Warranties of a person obtaining payment or acceptance of an unaccepted draft include:

• A) the warrantor is a person entitled to enforce the draft.
• B) the warrantor has no knowledge that the drawer's signature is unauthorized.
• C) the draft has not been altered.
• D) All of these are correct.

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Definitions:

Exercise Regularly

The activity of engaging in physical exercise on a consistent basis to improve or maintain one's fitness.

Allergy Avoidance

Strategies or practices employed to prevent contact with substances that trigger allergic reactions.

Elimination Diet

A dietary plan in which certain foods are removed from the diet for a period of time to determine if symptoms improve, implicating those foods as a cause of allergic or other reactions.

Food Allergies

Allergic reactions that occur in response to consumption of certain foods, leading to immune system reactions.