Multiple Choice
Under the UCC, if an agent enters into a contract that is an negotiable instrument, the principal cannot be held liable unless the principal's name is on the instrument or the agent's signature indicates that it was made in ________.
A) a representative capacity.
B) the presence of a notary.
C) the presence of the disclosed or undisclosed principal.
D) a bank or an institution that would accept the negotiable instrument.
E) connection with an auxiliary promise to the contract.
Correct Answer:

Verified
Correct Answer:
Verified
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