Liability of Warrantor of Negotiable Instrument for Damages

Liability of Warrantor of Negotiable Instrument for Damages

Assessment

Interactive Video

Business, Social Studies

University

Hard

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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.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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