If Charla was not authorized to sign the note on behalf of Prida,but Prida subsequently accepted the cut diamonds to sell in her store,which of the following terms best describes the situation?

Question

Quizplus · Accepted Answer

A)If the principal decides to ratify,or approve of,the unauthorized agent's
signature,the principal will then become liable for the instrument while the agent will escape personal liability [UCC 3-403a)].
B)If the principal decides to ratify,or approve of,the unauthorized agent's signature,the principal will then become liable for the instrument while the agent will escape personal liability [UCC 3-403a)].
C)If the principal decides to ratify,or approve of,the unauthorized agent's signature,the principal will then become liable for the instrument while the agent will escape personal liability [UCC 3-403a)].
D)If the principal decides to ratify,or approve of,the unauthorized agent's signature,the principal will then become liable for the instrument while the agent will escape personal liability [UCC 3-403a)].
E)If the principal decides to ratify,or approve of,the unauthorized agent's signature,the principal will then become liable for the instrument while the agent will escape personal liability [UCC 3-403a)].

If Charla Was Not Authorized to Sign the Note on Behalf