Which of the Following Is Not One of the Presentment

question 70

Multiple Choice

Which of the following is not one of the presentment warranties that the holder of an unaccepted draft makes to the drawee?

• A)That the draft has not been altered.
• B)That the draft is not subject to a defense or a claim in recoupment.
• C)That the holder has no knowledge that the signature of the drawer is unauthorized.
• D)That the holder is entitled or authorized to obtain payment.

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Definitions:

Pulmonary Trunk

A large blood vessel that carries blood from the right ventricle of the heart to the lungs for oxygenation.

Superior Vena Cava

A major vein in the human body that carries deoxygenated blood from the upper half of the body to the heart's right atrium.

Ascending Aorta

The ascending aorta is the initial section of the aorta emerging from the heart, which ascends upwards before curving into the aortic arch.

Left Atrium

The left atrium is the top left section of the heart, responsible for collecting oxygen-rich blood from the lungs via the pulmonary veins and transferring it to the left ventricle.