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Question
If Jay signs Mila's name to a negotiable instrument without Mila's authorization or approval:
A. the signature is not effective as the signature is of the unauthorized signer.
B. the signature cannot be ratified later by the person represented.
C. the signature does not bind the person whose name appears.
D. Jay is not liable on the check.
Answer
This answer is hidden. It contains 143 characters.
Related questions
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What year was the Toxic Substances Control Act passed?
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B. permits.
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D. blocs.
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The term "Superfund" refers to:
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Which of the following can issue both National Pollution Discharge Elimination System (NPDES) permits and industrial discharge permits?
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Which of the following was the earliest federal legislation enacted to protect water bodies against pollution?
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The _____, enacted in 1970, required that an environmental impact statement be prepared for every recommendation or report on legislation and for every major federal action significantly affecting the quality of the environment.
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For _____, cost justification is the primary statutory defense to liability under Section 2(a) of the Robinson-Patman Act.
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Which Section of The Clayton Act originally prohibited local and territorial price discrimination by sellers?
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B. Section 3
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The Clean Water Act incorporates both civil and criminal sanctions.
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Every state or local municipality must file an environmental impact statement under NEPA.
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B. The Robinson-Patman Act
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There are three major defenses to price discrimination under the Robinson-Patman Act.
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Q:
The maximum penalty for a criminal violation of the 1933 Act is a:
A. $20,000 fine and one year imprisonment.
B. $10,000 fine and five years' imprisonment.
C. $20,000 fine and five years' imprisonment.
D. $10,000 fine and one year imprisonment.
Q:
Nast Corp. orally engaged Baker & Co., CPAs, to audit its financial statements. The management of Nast informed Baker that it suspected the accounts receivable were materially overstated. Although the financial statements audited by Baker did, in fact, include a materially overstated accounts receivable balance, Baker issued an unqualified opinion. Nast relied on the financial statements in deciding to obtain a loan from Century Bank to expand its operations. Nast has defaulted on the loan and has incurred a substantial loss. If Nast sues Baker for negligence in failing to discover the overstatement, Baker's best defense would be that:
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In which of the following contexts is a professional most likely to experience a nonclient action?
A. An accountant who prepares and audits financial statements of companies.
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C. A securities broker who provides investment advice to retail investors.
D. An attorney who advises companies on corporation and business laws.