Which of the Following Is a Characteristic of a Presentment

question 36

Multiple Choice

Which of the following is a characteristic of a presentment warranty on an instrument presented for payment?

• A) The transferor has no knowledge of any insolvency.
• B) The transferor has good title to the instrument.
• C) No defenses of any party are good against the transferor.
• D) The instrument has not been materially altered.

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Definitions:

Ergonomic Hazard

Risks of physical strain and injury related to the design and use of equipment, workplace layout, and work processes.

Chemical Hazard

Any chemical substance that can cause harm to individuals or the environment when it is released or during its use.

Physical Hazard

Any factor within the environment that can potentially cause harm or adverse health effects to individuals.

Reactive Substances

Materials that undergo a chemical change when exposed to certain conditions, often used in industrial processes.