True/False
The purported principal is liable for an unauthorized signature by a purported agent.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q8: Absolute liability to pay a negotiable instrument,
Q57: Susan purchases goods by telephone from Parker.
Q60: A qualified indorser is only liable for
Q62: What is material alteration as a universal
Q65: Personal and universal defenses can be raised
Q69: Which of the following actions renders all
Q70: A situation in which certain parties are
Q71: Implied warranties are made when the negotiable
Q72: Presentment warranties are made by the drawer
Q75: Cameron, a purported agent, signs a contract