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Ted, Billie's agent, has authority to sign notes on Billie's behalf. Ted signs a promissory note promising to pay Carmen $12,000 in three months using the signature "Ted, as agent for Billie." Is Billie liable for the $12,000?

Respuesta :

Answer:

yes , Billie liable for the $12,000

Explanation:

given data

promising pay Carmen =  $12,000

time = 3 months

Billie liable for = $12,000

solution

yes , Billie liable for the $12,000

because it is very clear that given as Ned signed as Billie's agent

and he is sign for promising for pay $12000 and take 3 month time also

therefore we can say that  Billie is liable

izabellaani

answer:

NOPE! BILLIE ISNT!

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