Betty is the treasurer for a not-for-profit organization and as such is the person authorized to sign all checks for the organization. Betty would be called
A) The principal
B) The represented person
C) The fiduciary
D) The agent
Correct Answer:
Verified
Q25: Lola presents a check, dated June 7th,
Q26: In the case Messing v. Bank of
Q27: Another word for principal is
A) Representative
B) Agent
C)
Q28: Another word for representative is
A) Principal
B) Agent
C)
Q29: Alfred owned Sparkle Industries and was extremely
Q31: Warranty liability is
A) The guarantee that the
Q32: Marvin received a check written out to
Q33: Marvin forges Ed Moore's signature on a
Q34: Ellen stops by a garage sale and
Q35: A guarantee made by operation of law
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