Author Question: Anyone who presents a check for payment makes certain warranties. Which of the following is NOT one ... (Read 45 times)

gbarreiro

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Anyone who presents a check for payment makes certain warranties. Which of the following is NOT one of those warranties?
 A)that he or she is a holder
 B)that the check has not been altered
 C)that the drawee is a solvent institution
 D)that all signatures are authentic

Question 2

Because importers and exporters assume different risks, the most preferred way to conduct business and minimize these risks is:
 A) cash in advance.
 B) open account.
 C) documentary sale.
 D) all of the above.



coreycathey

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Answer to Question 1

C

Answer to Question 2

C



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