A signature may be made by an individual herself or by an authorized agent.
Correct Answer:
Verified
Q12: Elder, an authorized agent for Mullins, signs
Q13: An unauthorized signature may bind a principal
Q14: An accommodation party is a direct beneficiary
Q15: The signature of the maker of a
Q16: Presentment for payment is one step necessary
Q18: An accommodation party will always be primarily
Q19: Under Revised Article 3 of the UCC,
Q20: Indorsers of all instruments incur primary liability
Q21: By indorsing a check, "Without recourse," Pat
Q22: An unauthorized signature cannot be ratified by
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