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Kris Is an Administrative Assistant with Little Financial Corporation, but Has

Question 44

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Kris is an administrative assistant with Little Financial Corporation, but has no authority to sign Little Financial checks. Kris orders merchandise from My-T-Fine Retail Company delivered to her home and pays with an Little Financial check, signing "Little Financial Corp. by Kris, admin. assist." My-T-Fine does not know that Kris has no authority to sign the check. Who is liable on the check, and why?

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Kris is liable on the check, and Little ...

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