Question: Kip is Lulus agent and is authorized to write checks on Lulus account in Metro Bank. Kip writes a check pay to the order of

Kip is Lulus agent and is authorized to write checks on Lulus account in Metro Bank. Kip writes a check pay to the order of Nemo. Kip signs the check Lulu, by Kip, agent. If Metro Bank dishonors the check, liability extends to a. Kip and Lulu. b. no one c. Kip only. d. Lulu only

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