Warranties of a Person Obtaining Payment or Acceptance of an Unaccepted

question 69

Multiple Choice

Warranties of a person obtaining payment or acceptance of an unaccepted draft include:

• A)the warrantor is a person entitled to enforce the draft.
• B)the warrantor has no knowledge that the drawer's signature is unauthorized.
• C)the draft has not been altered.
• D)All of the above.

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Definitions:

Trapezius

A large triangular muscle extending over the back of the neck and shoulders, involved in moving, rotating, and stabilizing the scapula and extending the head at the neck.

Spinal Accessory

Pertains to the eleventh cranial nerve (accessory nerve) that supplies the sternocleidomastoid and trapezius muscles, facilitating shoulder and neck movements.

Axillae

The underarm area of the body, where the arm connects to the shoulder, containing sweat glands and lymph nodes.

Inguinal Area

The region of the lower abdomen just above the groin, where the leg meets the torso, often associated with hernias.