asked 126k views
2 votes
Presentment warranties protect the person who presents an instrument for payment.

asked
User Jennefer
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8.1k points

1 Answer

5 votes
that statement is true
presentment warranty represent the implied promise that by a payer toupon the presentment of the instrument for payment.
If the drawee later accepted the draft that being made, The accepted will makes payment according to what presented in the draft.
answered
User Timbonicus
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8.0k points
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