An authorized agent may be personally liable on an instrument if the agent does not sign his or her own name.
Correct Answer:
Verified
Q3: Under the UCC, a fictitious payee's indorsement
Q4: Every person who signs a negotiable instrument
Q4: A signature may be handwritten.
Q5: In general, an agent must clearly indicate
Q7: If an instrument is incomplete when the
Q9: An unauthorized signature binds the person whose
Q10: A drawer is not liable on a
Q11: A signature may be typed.
Q12: Dishonor occurs if payment of an instrument
Q13: Dishonor occurs when proper presentment of an
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