If Charla Was Not Authorized to Sign the Note on Behalf

question 40

Multiple Choice

If Charla was not authorized to sign the note on behalf of Prida, but Prida subsequently accepted the cut diamonds to sell in her store, which of the following terms best describes the situation?

• A) Ratification
• B) Accommodation
• C) Presentment
• D) Dishonor
• E) Renunciation

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Definitions:

Homelessness

The condition of not having a permanent place to live, often resulting in living on the streets, in shelters, or in temporary accommodations.

Fear

An emotional response to perceived threats or danger, characterized by feelings of anxiety and apprehension.

Shame

A painful emotion caused by consciousness of wrongdoing, inadequacy, or embarrassment.

Guilt

A feeling of responsibility or remorse for some offense, crime, wrong, whether real or imagined.