menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 27: Kinds of Negotiable Instruments and Negotiability
  5. Question
    An Action Taken by a Person on Behalf of Another
Solved

An Action Taken by a Person on Behalf of Another

Question 43

Question 43

Multiple Choice

An action taken by a person on behalf of another is called:


A) agency.
B) negotiability.
C) representative capacity.
D) identification of principal.

Correct Answer:

verifed

Verified

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

Related Questions

Q38: Article 2 of the Uniform Commercial Code

Q39: Bruce agrees to buy Joe's ranch. They

Q40: Commercial paper facilitates the transfer of funds

Q41: A promissory note that is payable "on

Q42: A(n) _ instrument's terms are enforceable, but

Q44: A certificate of deposit is a written

Q45: The person to whom the order in

Q46: A nonnegotiable instrument's terms are not enforceable.

Q47: If a check is made payable to

Q48: An acceptor is a drawer who has

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines