Examlex

Solved

An Agent Is Only Liable on the Instrument That He

question 15

True/False

An agent is only liable on the instrument that he or she signs in if it clearly mentions the principal.


Definitions:

Market Value Per Share

The current price at which a single share of a company's stock is being traded in the market.

Book Value Per Share

Calculated as the total equity of a company divided by the number of outstanding shares, indicating the per-share value of a company's equity.

Related Questions