Question
Larry Jones is an authorized agent of Big Corp. He negotiates an equipment loan for Big Corp, and signs the note with Local Bank, Larry
Larry Jones is an authorized agent of Big Corp. He negotiates an equipment loan for Big Corp, and signs the note with Local Bank, "Larry Jones as agent for Big Corp." With this form of signature, Larry will not be liable on the note to any holder in due course that purchases the note.
True
False
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Economics For Investment Decision Makers
Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto
1st Edition
1118111966, 9781118111963
