Discuss whether an authorized agent can be held personally liable on a note if the agent did not sign his or her own name. Further discuss the kind of personal liability an agent has who simply signs his or her name to an instrument.

Personally Liable

Being personally responsible for fulfilling the obligations of a debt or liability, not limited to the resources of a business or corporation.

Authorized Agent

An individual or organization legally empowered to act on behalf of another person or entity.