Solved

Under the UCC, If an Agent Enters into a Contract

Question 72

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:

verifed

Verified

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

Related Questions