Solved

Sylvester, Acting as a Representative Agent for Jerry, Signs a Negotiable

Question 23

Multiple Choice

Sylvester, acting as a representative agent for Jerry, signs a negotiable instrument with the signature-Jerry, by Sylvester, agent. What kind of liability does Sylvester have for this type of signature?


A) He is not liable on 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:

verifed

Verified

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

Related Questions