Select the best answer choice. True or False? Sellers and lessors of goods are bound only by written warranties or guarantees; not by oral statements. O True False True or False? To negotiate bearer paper, the instrument must only be delivered to the transferee. O True O False If a bank pays a check that has been materially altered, the bank is not liable to the drawer for the amount of the alteration. True False A third party cannot rely on apparent authority when they know of the lack of actual authority. O True O False