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If Charla Was Not Authorized to Sign the Note on Behalf

Question 40

Multiple Choice

If Charla was not authorized to sign the note on behalf of Prida, but Prida subsequently accepted the cut diamonds to sell in her store, which of the following terms best describes the situation?


A) Ratification
B) Accommodation
C) Presentment
D) Dishonor
E) Renunciation

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