Liability on Negotiable Instrument by Agent Indorser

Liability on Negotiable Instrument by Agent Indorser

Assessment

Interactive Video

Business, Social Studies

University

Hard

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two requirements for an agent to sign on behalf of a represented party?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How must an agent sign to indicate they are acting on behalf of another party?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What must be identified for the signature of an agent to be binding?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the effect of an agent's signature on behalf of the principal?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What additional laws may apply to the relationship between the agent and the principal?

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OFF