Latoya writes a check to Scott for $1,000. Scott alters the check to read $11,000, indorses it on the back, and gives it to Jane. Jane indorses the check on the back and presents it to First Federal Credit Union to cash the check and receive the money. By presenting the check to First Federal Credit Union, Jane is warranting:

Question

11-07-2022
Business

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Latoya writes a check to Scott for $1,000. Scott alters the check to read $11,000, indorses it on the back, and gives it to Jane. Jane indorses the check on the back and presents it to First Federal Credit Union to cash the check and receive the money. By presenting the check to First Federal Credit Union, Jane is warranting:

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tutorconsortium346 tutorconsortium346 · Answer 1 · 2022-07-22T09:58:14+02:00

Jane is warranting that she is entitled to enforce the instrument, that it has not been altered, and that she has no knowledge of any unauthorized signatures.

What is Business Law?

A set of rules that control a business's operations is known as business law. These laws safeguard both the financial and business interests of the company as well as the interests of the clientele.
Without business law, most companies would not have behaved properly, which resulted in numerous lawsuits.
Business owners must understand when to obtain legal counsel, despite the fact that this may result in legal issues.
It is vital to have a thorough understanding of company law in order to prevent such problems.

Learn more about Business Law with the help of the given link :

https://brainly.com/question/15826771?referrer=searchResults

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