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Shart Is the Treasurer of Oaklaw, Inc

Question 46

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Shart is the treasurer of Oaklaw, Inc. He has authority to sign on behalf of the company. One day, he signs a note as follows: "Maurtin Shart, as treasurer." The company's name does not appear on the note. Is the company liable on the note? Is Shart liable on the note? Explain.

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When an authorized agent indicates that ...

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