With respect to instruments,"responsibility" means the authority:

Question

Quizplus · Accepted Answer

"Responsibility" with respect to instruments means the authority (1)to sign or indorse instruments on behalf of the employer, (2)to process instruments received by the employer, (3)to prepare or process instruments for issue in the name of the employer, (4)to control the disposition of instruments to be issued in the name of the employer,or (5)to otherwise act with respect to instruments in a responsible capacity.

With Respect to Instruments,"responsibility" Means the Authority