Menzes Is the Treasurer of ABC Corp

question 17

Multiple Choice

Menzes is the Treasurer of ABC Corp.As such,he is authorized to sign checks for the corporation.A supplier bills ABC for a legitimate obligation.Menzes makes out a check to the supplier and signs it "ABC Corp. ,by Menzes,Treasurer." Who is liable on this check?

• A)ABC only
• B)Menzes only
• C)ABC and Menzes
• D)Neither ABC nor Menzes

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Definitions:

Interpretation

The process of explaining or understanding the meaning of something, often used in the context of analyzing texts or behaviors in therapy.

REBT

Rational Emotive Behavior Therapy; a psychotherapeutic approach that emphasizes identifying irrational beliefs, disputing them, and changing underlying attitudes to develop more functional beliefs.

Psychological Problems

Mental or emotional issues that impair an individual's ability to function properly in daily life.

Intrapersonal

Relating to internal mental processes and the inner self, often reflecting on one's thoughts, feelings, and behaviors.