An authorized agent may be personally liable on an instrument if the agent signs the agent's name but not the principal's name.

Name: An authorized agent may be personally liable on an instrument if the agent signs the agent's name but not the principal's name.
Brand: Quizplus
Rating: 4.9 (58 reviews)

Question

Quizplus · Accepted Answer

An authorized agent who signs their own name instead of the principal's name can be held personally liable for the instrument. This is because they are not acting as the agent of the principal but rather as an individual.

An Authorized Agent May Be Personally Liable on an Instrument