A Representative Is Personally Liable to a Holder in Due

question 78

Multiple Choice

A representative is personally liable to a holder in due course that took the instrument without notice that the representative was not intended to be liable if:

• A)the instrument identifies the represented person.
• B)the form of the signature does not show unambiguously that the signature was made in a representative capacity.
• C)the instrument categorically states that the representative would be liable even if the signature has been authorized.
• D)it is proved that the original parties did not intend her to be liable on the instrument.

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Definitions:

Practical Utility

The usefulness or applicability of a concept, tool, or process in real-world situations.

Cognitive Resource Theory

A theory that examines how stress levels and the intellectual abilities of a leader impact their decision-making process and leadership effectiveness.

High Stress

A condition or situation characterized by a high level of tension, anxiety, or strain, often resulting from demanding circumstances or challenges.

Leadership Effectiveness

The capability of a leader to inspire, motivate, and foster the desired outcomes within their team or organization.