Which of the Following Is Both a Transfer Warranty and a Presentment

question 80

Multiple Choice

Which of the following is both a transfer warranty and a presentment warranty? Assume that the instrument in question is a draft.

• A)That the draft has not been altered.
• B)That the draft is negotiable.
• C)That the draft is not subject to any defense or claim for recoupment.
• D)That the drawer is not insolvent.

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Definitions:

Dissociative Identity Disorder

A condition in which a person experiences two or more separate personality states or identities, each with their own pattern of perceiving and interacting with the world.

Integration of Subpersonalities

A therapeutic goal in psychology aimed at reconciling conflicting parts of an individual's personality into a cohesive self.

Posttraumatic Stress Disorder

A mental health condition triggered by experiencing or witnessing a terrifying event, manifesting through flashbacks, nightmares, and anxiety.

Parental Divorce

The legal dissolution of a marriage between two individuals, which can have profound emotional and psychological effect on their children.