The purported principal is liable for an unauthorized signature by a purported agent.
Correct Answer:
Verified
Q11: A person cannot be held contractually liable
Q15: A qualified indorser cannot disclaim transfer warranties.
Q16: That "all signatures are genuine or authorized"
Q20: Marks used in lieu of a written
Q21: Correcting the figure on a check to
Q22: A presentment is a demand for the
Q23: A contract made by a person of
Q41: Presentment warranties are made by the drawer
Q48: Transfer warranties cannot be disclaimed with respect
Q63: The defense of breach of contract is
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