Super Company's Agent Tyra Is Authorized to Draw Checks on Super's

question 18

Multiple Choice

Super Company's agent Tyra is authorized to draw checks on Super's account in Unity Bank. The checks are preprinted with Super's name. Tyra writes a check "pay to the order of Vern [signed] Tyra." Vern negotiates the check to Weber, who does not know about the agency relationship. If Weber presents the check for payment and Unity Bank dishonors it, liability extends to

• A) no one.
• B) Super and Tyra.
• C) Super only.
• D) Tyra only.

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Definitions:

Beliefs And Values

These are fundamental principles or ideas that an individual or group holds to be true and important, guiding their behavior and decision-making.

Disciplined Focus

A methodical approach to maintaining attention and effort on set goals and tasks.

Zaleznik's Typology

A classification system devised by Abraham Zaleznik that differentiates leaders from managers based on their psychological motivations and patterns of behavior.

Kelley's Approach

A method outlined by Robert Kelley, focusing on the distinctions between followers and how they can become more effective in their roles.