A Maker or Drawer Can Appoint an Agent to Sign

question 38

True/False

A maker or drawer can appoint an agent to sign a negotiable instrument on his or her behalf.

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Definitions:

Employees

Individuals hired by a company or person to perform work in exchange for compensation.

Boss

An individual in charge of directing or supervising workers within an organization, responsible for decision-making and leadership.

Theory X

A management theory assuming employees are inherently lazy and will avoid work if they can, necessitating a controlling management style.

Physiological Needs

Basic human necessities required for survival, such as air, food, water, shelter, and sleep, according to Maslow's hierarchy of needs.