Because He or She Was in the Best Position to Prevent

Because he or she was in the best position to prevent wrongdoing with respect to an instrument, transfer and presentment warranties attempt to shift liability to

A) the drawee or payee on an instrument.
B) the holder of an unauthorized item when the wrongdoing is discovered.
C) the party on whose account an unauthorized item is made or drawn.
D) the person who dealt face to face with the wrongdoer.

Correct Answer:

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