Fran signs a note "payable to the order of guaranty bank." guaranty indorses the note in blank and negotiates it to holly, who sells it to iona. liability associated with the transfer of the note from holly to iona is

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Herman

Business

20 August, 10:50

Fran signs a note "payable to the order of guaranty bank." guaranty indorses the note in blank and negotiates it to holly, who sells it to iona. liability associated with the transfer of the note from holly to iona is

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Janitor · Answer 1

Fran signs a note "payable to the order of Guaranty Bank." Guaranty indorses the note in blank and negotiates it to Holly, who sells it to Iona. Liability associated with the transfer of the note from Holly to Iona is a warranty.