The Principal's Name Must Be Shown on the Instrument in Order

question 7

True/False

The principal's name must be shown on the instrument in order for the principal to be held liable when an agent signs a note on behalf of the principal.

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Definitions:

Political Campaigns

Political campaigns are organized efforts by political candidates or parties to influence the decision of voters in elections.

Electorate Loyalty

Refers to the steadfast allegiance or support of voters towards a particular political party or candidate over time.

Tariff and Tax System

Refers to the set of laws and regulations that govern the imposition of taxes on goods and services and tariffs on imports and exports.

Federal Treasury

The department of the U.S. government responsible for managing government revenue, issuing currency, and overseeing the nation's financial operations, including the Federal Reserve and national debt.