Purchase agreement without identifying donald


Question 1. First Web Bank, an online financial institution, keeps financial information about its customers. To review this information, the U.S. Department of Justice must first obtain

a. a warrant only
b. the customers' permission only
c. a warrant or the customers' permission
d. none of the above

Question 2. Guy issues a check drawn on his account at First State Bank for $100 "to the order of Suzanne Rice, " but the check is stolen by Harvey before Guy gives it to Suzanne. Harvey forges Suzanne's endorsement and cashes the check at Community Bank. Community presents the check to First State, which cashes it, debits Guy's account, and returns the check to Guy with his monthly statement. When Guy spots the forged endorsement, he asks First State to recredit his account. First State

a. may rightfully refuse only if the forgery truly matched Suzanne's signature
b. may rightfully refuse only if the forgery did not resemble Susanne's signature
c. must recredit Guy's account
d. none of the above

Question 3. If Elizabeth signs her name followed by the word "agent" on the purchase agreement without identifying Donald, then she may

a. be held personally liable on the contract
b. be held personally liable on the contract only if she would have purchased the real estate herself
c. not be held personally liable on the contract as long as Golden Orchards knows that she is acting as an agent for Donald
d. not be held personally liable on the contract because her position as agent for Donald is widely known

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Business Law and Ethics: Purchase agreement without identifying donald
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