What was the result in the Rakestraw v.Rodriguez case referenced in the textbook,a case in which a husband had forged his wife's signature to obtain a loan to start a grocery store?
A)The court affirmed the criminal liability of the husband,but remanded the case for further findings regarding the propriety of the husband's prison sentence for forgery.
B)The court remanded the case for further findings regarding whether the wife gave her husband express authority to sign her name.
C)The court ruled that the wife's actions in sharing in profits and in helping run the business effectively voided her signature.
D)The court ruled that the wife's actions in sharing in profits and in helping run the business effectively ratified her signature.
E)The court ruled that the wife's actions in sharing in profits and in helping run the business effectively rescinded her signature.

Question

Quizplus · Accepted Answer

If the principal accepts the benefits associated with an unauthorized signature,the principal in effect ratifies the signature by his or her conduct.For example,in Rakestraw v.Rodriguez,a husband had forged his wife's signature to obtain a loan to start a grocery store.A few days later,the wife discovered the forgery,but she did nothing to correct it and even participated in the business over the next few years.Part of running the business included sharing in the profits from the grocery store.When the business failed,the wife tried to avoid liability,claiming her husband forged her signature.The court ruled that her actions in sharing in profits and in helping run the business effectively ratified her signature.

What Was the Result in the Rakestraw V