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.