Liability of Warrantor of Negotiable Instrument for Damages

The video discusses the liability of a warrantor on a negotiable instrument, focusing on the extent of damages that can be recovered. It explains that damages include the unpaid amount, enforcement fees, potential attorney fees, and lost interest. Recovery is contingent on good faith, and any intent to deceive can be a defense against liability.

What is the extent of a warrantor's liability on a negotiable instrument?

What damages can an individual recover if a negotiable instrument is wrongfully paid or dishonored?

Under what circumstances can a party recover more than the actual face value of the instrument?

What role does good faith play in enforcing warranty liability?

How can intent to deceive or defraud affect warranty liability?