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

Verified
When an authorized agent indicates that ...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q9: Molly makes a note payable to the
Q11: Primary liability does not apply to issuers
Q22: A(n)_ signs an instrument to lend his
Q29: In Cohen v.Disner the court found that
Q31: The time for dishonor of a check
Q35: In Davis v.Watson Brothers Plumbing,Inc.,the court found
Q39: Bob, a guest in Jim's house, opens
Q42: Zelda signs a promissory note for $2,500
Q44: Warranties on presentment are the same regardless
Q65: An accommodation party will always be primarily