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1 0 : 2 3 5 G Return to Reading 2 0 4 2 0 4 5 % A drawee who has incurred damages resulting

10:23
5G
Return to Reading
20
4
20
45%
A drawee who has incurred damages resulting from a breach of a presentment warranty can recover an amount that is
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1/3rd of the total amount due to the drawee
equal to the amount that was paid by the drawee along with 10% interest on the total amount
equal to the amount that was paid by the drawee less the amount the drawee received and any resulting expenses thereof
double the amount that was initially due to the drawee
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