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.

Understand the basic principles of agency relationships and authority types.

Recognize legal doctrines and principles applicable to employer-employee and principal-agent relationships.

Identify the factors that determine the scope of an employee's actions within the course and scope of employment.

Understand the circumstances under which an employer or principal can be held liable for an agent's or employee's actions.

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Definitions:

Service Delivery Application

Platforms or tools that assist in deploying services effectively to meet customer or client needs efficiently.

Personnel Files

Records maintained by organizations that contain employment history and other relevant employee information.

Self-Service Systems

Technology platforms that allow users to perform tasks or access services without direct assistance from staff or administration.

HR Data Systems

Technological solutions designed to collect, store, manage, and analyze data pertaining to human resources.