What will trigger the liability of roger and kari on check

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1. Jim works at Taco Heaven as a fry-cook. Jim orders merchandise from Taco Restaurants Inc. delivered to his home and pays with an Taco Heaven check he found on the bookkeepers’ desk. He signed, “Taco Heaven, by Jim, Ass’t Manger.” Taco Restaurants Inc. does not know that Jim is a fry-cook. Who is liable on the check, and why? Cite your textbook for support

2. Kreskin has an instrument dated June 1, 2016 payable to the order of Albert “on June 1, 2016,” for $15,000. On the instrument is an address for Harry in Boston, MA and in the lower right corner is the signature of Eve. In the lower left corner is stamped “ACCEPTED: Harry, June 5, 2016.” On the back is the signature of Albert. Who, if anyone, is primarily liable on this instrument on June 1? On June 5? Who, if anyone, is secondarily liable on this instrument? Cite your textbook for support

3. Roger issues a check for $2,000, dated August 12, to Kari. The check is drawn on Last Chance Bank. Kari indorses the check and transfers it to Joe. What will trigger the liability of Roger and Kari on the check? Cite your textbook for support.

Reference no: EM132247047

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