« previous next »

Author Question: List the warranties a transferor of a negotiable instrument makes.[br][br][b][color=#FBB117]Question ... (Read 84 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
on: Jun 24, 2018
List the warranties a transferor of a negotiable instrument makes.

Question 2

Which of the following documents are always required in a documentary collection for the sale of goods?
 A) The draft, invoice, and bill of lading
 B) The invoice, bill of lading, and delivery order
 C) The certificate of origin, insurance policy, and invoice
 D) The draft, insurance policy, and invoice


shayla

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 24, 2018
Answer to Question 1

When someone transfers a negotiable instrument, he is deemed to make the following warranties:
 He is a holder of the instrument.
 All signatures are authentic and authorized.
 The instrument has not been altered.
 No defense can be asserted against the transferor.
 He has no knowledge of the issuer's insolvency.

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Temperature and Color Temperature and Color
Example of the Tabular List and instructional notes (conventions). Example of the Tabular List and instructional notes (conventions).
How to solve word problems with two unknowns (Question 3) How to solve word problems with two unknowns (Question 3)
Dried fruits often have sulfur dioxide or other sulfites added to them to preserve color and flavor Dried fruits often have sulfur dioxide or other sulfites added to them to preserve color and flavor
Slope Question Slope Question
economic question economic question
Video: First Stage of Labor and Delivery Video

For a complete list of videos, visit our video library