A Transferor Makes Certain Implied Warranties to the Transferee When

question 32

Multiple Choice

A transferor makes certain implied warranties to the transferee when a bill of lading is transferred. These warranties are:

• A) that the bill of lading is genuine, that its transfer is rightful, and that the transferor has no knowledge of any defects.
• B) not applicable if the instrument is nonnegotiable.
• C) not applicable to negotiable transfers.
• D) none of the above.

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