Audio Science Company's agent Bailey is authorized to draw checks on Audio Science's account in Citizen Bank. The checks are preprinted with the company name. Bailey writes a check "pay to the order of Darlene [signed] Bailey." Darlene presents the check for payment. If Citizen Bank dishonors it, liability extends to

A. no one.
B. Audio Science and Bailey.
C. Audio Science only.
D. Bailey only.


Answer: C

Business

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