Liam, Who Is Authorized to Draw Checks on Manufacturing Company's

question 30

Multiple Choice

Liam, who is authorized to draw checks on Manufacturing Company's account, signs a check preprinted with the company's name with a signature that reads simply, "Liam." On this check, Liam is

• A)proportionately liable.
• B)primarily liable.
• C)secondarily liable.
• D)not liable.