An unauthorized signature may bind a principal who allowed the signature to be made through his own negligence.
Correct Answer:
Verified
Q8: Transferor's warranties and presenter's warranties are implied
Q9: Any kind of notice of dishonor that
Q10: Molly makes a note payable to the
Q11: "Presentment" is necessary within 10 days of
Q12: Elder, an authorized agent for Mullins, signs
Q14: An accommodation party is a direct beneficiary
Q15: The signature of the maker of a
Q16: Presentment for payment is one step necessary
Q17: A signature may be made by an
Q18: An accommodation party will always be primarily
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents