To Enforce an Implied Warranty of an Indorser,the Party Claiming

question 43

True/False

To enforce an implied warranty of an indorser,the party claiming under the warranty must give the indorser notice of the breach within fourteen (14)days after the claimant learns or has reason to know of the breach and the identity of the indorser.

---

Definitions:

Converses

In logic and mathematics, converses refer to statements in which the hypothesis and the conclusion of a conditional statement are swapped.

Contrapositive

In logic, the statement formed by negating both the hypothesis and conclusion of the converse of a conditional statement.

Complements

Elements that complete or go well together, enhancing each other's qualities.

Predicate

The portion of a sentence or proposition that asserts something about the subject, often containing the verb and object.