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Cengage Advantage Books: Law for Business 18th Edition by John Ashcroft ,Janet Ashcroft
Edition 18ISBN: 978-1133587613Cengage Advantage Books: Law for Business 18th Edition by John Ashcroft ,Janet Ashcroft
Edition 18ISBN: 978-1133587613 Exercise 6
Alan H. Potamkin loaned The Classic Touch Inc. $200,000. A promissory note prepared by Classic was signed by Suzanne De Maria, and the corporation's name was typed under her name. Classic paid only $75,000, so Potamkin sued the corporation and De Maria. Is De Maria liable?
Explanation
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Yes , Mrs. DM is liable for making the r...
Cengage Advantage Books: Law for Business 18th Edition by John Ashcroft ,Janet Ashcroft
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