Solved

Kris Is an Administrative Assistant with Little Financial Corporation,but Has

Question 41

Essay

Kris is an administrative assistant with Little Financial Corporation,but has no authority to sign Little Financial checks.Kris orders merchandise from My-T-Fine Retail Company delivered to her home and pays with a Little Financial check,signing "Little Financial Corp.by Kris,admin.assist." My-T-Fine does not know that Kris has no authority to sign the check.Who is liable on the check,and why?

Correct Answer:

verifed

Verified

Kris is liable on the check,and Little F...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents