Essay
Ivan is a representative for Mega Industries.Checks are drawn by "Mega Industries,Inc.,Payroll Account (signed) D.Ivan" but the checks are not paid.Who is liable-the individual or the corporation?
Correct Answer:

Verified
When a representative signs an authorize...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
When a representative signs an authorize...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Related Questions
Q2: Notice of dishonor must be made only
Q15: The terms of the contract of the
Q25: If a holder has indorsed a negotiable
Q30: If someone signs a person's name to
Q36: A holder in due course may discharge
Q37: Define the situations that lead to dishonoring
Q39: Mack is Bertha's agent and is authorized
Q42: A bank that cashes a check with
Q43: If a person has been negligent in
Q45: Which of the following is true of