Multiple Choice
Resource Industries Inc.'s agent Polly is authorized to draw checks on the company's account in Sterling Bank. The checks are preprinted with the company name. Polly writes a check "pay to the order of Don [signed] Polly." Don presents the check for payment. If the bank dishonors it, liability extends to
A) no one.
B) Resource Industries.
C) Sterling Bank.
D) Polly.
Correct Answer:
Verified
Correct Answer:
Verified
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