An agent is only liable on the instrument that he or she signs in if it clearly mentions the principal.
Correct Answer:
Verified
Q16: _ is a demand for acceptance or
Q17: A check is only accepted once it
Q18: Stanley, who owes Milton money, indorses a
Q19: Liability in which a person cannot be
Q20: A signature on a negotiable instrument can
Q22: A presentment is a demand for the
Q23: A person who has been authorized to
Q24: Sylvester, acting as a representative agent for
Q25: An unqualified indorser has secondary liability on
Q26: Calvin, a college student, wants to purchase
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