A Person Acting (Or Purporting to Act) as an Agent

question 38

Multiple Choice

A person acting (or purporting to act) as an agent who signs an instrument:

• A) is liable if he signs his name without indicating agency status but the check has the principal's identification on it.
• B) is not required to be the authorized signature of the principal.
• C) is liable if he signs his own name and makes clear he is doing so as an agent.
• D) binds the principal to the same extent as the principal would be bound if the signature were on a simple contract.
• E) is not liable when he signs incorrectly.

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Definitions:

Procedural Memory

A type of long-term memory that enables people to perform tasks without consciously thinking about them, often referred to as muscle memory, like typing or riding a bike.

Contacts

Connections or relationships with other people that can provide support, access to information, or resources.

Implicit Retrieval

A process in which memories are recalled without conscious awareness or effort, often demonstrated through the influence of past experiences on present behavior or thought.

Repetition Priming

A phenomenon where previous exposure to a stimulus enhances the ability to recall or recognize the same stimulus later.