All of the Following Constitute Transfer Warranties Under Article 3

question 34

Multiple Choice

All of the following constitute transfer warranties under Article 3 except:

• A)that all signatures on the instrument are authentic or authorized.
• B)that the instrument has not been altered.
• C)that the instrument is not subject to any defense or claim in recoupment.
• D)that the instrument is negotiable.

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Definitions:

Sociology Professor

An academic expert who specializes in the study of society, social relationships, and social behavior, typically teaching and conducting research at a university.

Significant Minority

A portion of a group that is not the majority but large enough to have an impact or warrant attention.

Gratitude

A positive emotion that results from the perception that one has benefited from the costly, intentional, voluntary action of another person.

Positive Emotion

Refers to feelings that are typically considered enjoyable and results in a sense of well-being and satisfaction.