Asked by Stephan Polit on May 22, 2024
Verified
Unauthorized signatures include both forgeries and signatures made by an agent without authority.
Unauthorized Signatures
Signatures made without the express permission or authority of the individual or entity purported to have signed, often leading to legal disputes.
Agency Authority
The legal capacity granted to an agent to act on behalf of someone else, allowing them to enter into contracts and make decisions.
Forgeries
The fraudulent making or alteration of a document with the intent to deceive or harm.
- Comprehend the function of unauthorized signatures and the legal repercussions they entail.
Verified Answer
OK
Ooikahchen KahchenMay 25, 2024
Final Answer :
True
Explanation :
Unauthorized signatures encompass both forgeries, which are fraudulent signatures made without the consent of the purported signer, and signatures made by an agent who does not have the authority to sign on behalf of the principal.
Learning Objectives
- Comprehend the function of unauthorized signatures and the legal repercussions they entail.