Dewey is Ezra's agent and is not authorized to sign checks or notes on Ezra's behalf.Despite the lack of authority,Dewey issues a note "payable to the order of Fab Finance Company [signed] Ezra,by Dewey." Liability on this note extends to
A)Dewey and Ezra.
B)Dewey only.
C)Ezra only.
D)no one.

Question

Quizplus · Accepted Answer

Dewey, as Ezra's agent, did not have the authority to sign the note on behalf of Ezra. Therefore, Dewey is solely liable for the note. However, Ezra may still be liable for Dewey's actions as his employer, depending on the circumstances.

Dewey Is Ezra's Agent and Is Not Authorized to Sign