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People who present drafts for warranties: Multiple Choice do not make a warranty that they have knowledge of the insolvency proceedings commenced regarding the drawer.

People who present drafts for warranties:

Multiple Choice

  • do not make a warranty that they have knowledge of the insolvency proceedings commenced regarding the drawer.

  • make a warranty that the instrument has not been altered.

  • make warranties that are similar to those transferors make.

  • make a warranty that they are aware of the unauthorized signature of the maker.

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