Multiple Choice
Andy Anderson is an agent for Peterson Corporation,whose name does not appear on its checks.If Andy signs a check as the drawer,for which of the following signatures could Andy be personally liable on the instrument?
A) "Peterson,Andy Anderson"
B) "Peterson,by Andy Anderson,agent"
C) "Andy Anderson"
D) A and C
E) A,B,and C
Correct Answer:

Verified
Correct Answer:
Verified
Q50: An accommodation party can sign:<br>A) only as
Q57: What is the purpose and effect of
Q58: A special form of appointment is necessary
Q60: Qualified indorsers are secondarily liable on instruments
Q61: The transferor of a negotiable instrument warrants
Q63: Transferors cannot be held liable for breaching
Q64: Cancellation of a negotiable instrument will discharge
Q66: In order to impose secondary liability,the following
Q67: Lisa purchases a home theater system from
Q117: A maker's discharge in bankruptcy is considered