Able, as agent for Baker, an undisclosed principal, contracted with Safe to purchase an antique car. In
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with Safe to purchase an antique car. In payment, Able
issued his personal check to Safe. Able could not cover the check
but expected Baker to give him cash to deposit before the check
was presented for payment. Baker did not do so and the check
was dishonored. Baker’s identity became known to Safe. Safe
may not recover from
Baker individually on the contract.
Able individually on the contract.
Baker individually on the check.Able individually on the check.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: