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An Authorized Agent Binds a Principal on an Instrument If

question 36

True/False

An authorized agent binds a principal on an instrument if the agent clearly names the principal in the signature.


Definitions:

Sociology and Anthropology

Interdisciplinary fields that study the development, structure, and functioning of human society and the cultural and social aspects of human life.

Idealized Self-image

is a mental picture of how one would like to be, often unrealistic and influenced by personal aspirations and societal expectations.

Neurotic Trends

Patterns of behavior or thought that are characteristic of neurosis, often manifesting as anxiety, depression, or other forms of distress.

Compliant Personality

A personality trait characterized by a predisposition to agree with others and follow rules or instructions with little resistance.

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