Menzes Is the Treasurer of ABC Corp

question 17

Multiple Choice

Menzes is the Treasurer of ABC Corp.As such,he is authorized to sign checks for the corporation.A supplier bills ABC for a legitimate obligation.Menzes makes out a check to the supplier and signs it "ABC Corp. ,by Menzes,Treasurer." Who is liable on this check?

• A)ABC only
• B)Menzes only
• C)ABC and Menzes
• D)Neither ABC nor Menzes

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Definitions:

Vivid Descriptions

Detailed and lifelike depictions in writing or speech that appeal to the sensory experiences of the audience.

Executive Control System

A cognitive system that manages higher-order brain functions, including problem-solving, planning, memory, and attention regulation.

Working Memory

The part of short-term memory that is concerned with immediate conscious perceptual and linguistic processing.

Monitor

A device or individual that observes, checks, and keeps a continuous record of a process or situation.