Multiple Choice
Sylvester,acting as a representative agent for Jerry,signs a negotiable instrument with the signature-Sylvester,by Jerry,agent.What kind of liability does Sylvester have for this type of signature?
A) he is not liable to the instrument
B) he is liable to the payee
C) he is liable to Jerry
D) he is liable to the HDC of the instrument
Correct Answer:

Verified
Correct Answer:
Verified
Q28: A person who has been authorized to
Q43: Under the UCC's _ requirement, a person
Q54: Only personal defenses and not universal defenses
Q55: _ is a type of universal defense
Q57: If there is a breach of contract,the
Q59: Charles executes a note payable to Hilarie
Q61: Jenna signs a promissory note to pay
Q62: Harold borrows $20,000 from Alex and signs
Q63: Good faith refers to honesty in fact
Q64: A person who signs an instrument and