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18 May, 03:12

Presentment warranties protect the person who presents an instrument for payment.

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  1. 18 May, 03:35
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    That statement is true

    presentment warranty represent the implied promise that by a payer to upon 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.
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