Highlighted is the answer I got incorrect

a) Indicate which answer choice is correct. Explain why this choice is correct, citing to pages in the textbook, powerpoint slides, and/or lecture notes. b) For each of the wrong answer choices, explain why the choices are incorrect. Type your responses underneath each question or after each answer choice in color (to distinguish it from the text of the test question). 7. Arnold worked for Prince Holding Company. He signed a check payable to the order of Clarence Client for $50,000, and signed it Arnold Argent/Prince Holding. Clarence indorsed the check payable to Paul Poolman and signed it, in order to pay the monthly pool services bill. Who is required to pay on the check? a. Prince Holding Company, as Arnold was clearly acting as an agent of the company. b. Prince Holding Company, if the check was imprinted with the company's identification on it and Arnold was an authorized agent. (WEEK3, PPT SLIDE 20) c. Arnold, even if he is an authorized agent, if Paul took the check as a holder in due course without notice that Arnold wasn't intended to be liable on it. d. B and C only e. A, B and C |