A signature that is not "authorized" when it is initially put on an instrument cannot be ratified later by the person represented.
Correct Answer:
Verified
Q5: An instrument is not converted when a
Q6: The terms of the contract of the
Q7: Warranties do not depend on presentment,dishonor,and notice
Q8: A party to a negotiable instrument is
Q8: A person who is secondarily liable is
Q10: Notice of dishonor must be made only
Q11: If someone signs a person's name to
Q12: A fraudulent alteration discharges any party whose
Q14: Which of the following statements is true
Q17: If a drawee bank mistakenly paid a
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