Multiple Choice
Can Charla be held personally liable for the note?
A) Yes,Charla may be personally liable because Jirah is a holder in due course and was not aware Charla signed on behalf of Prida's.
B) No,agents can never be personally liable even if the principal's name does not appear on the note.
C) No because Jirah was a holder in due course.
D) Yes,agents are personally liable when they sign their own name and omit the name of the principal.
E) No,Jirah is not a holder in due course and Charla will not be held liable if she can show that it was not Prida's intent to hold Charla personally liable.
Correct Answer:

Verified
Correct Answer:
Verified
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