Asked by Steph Dutting on Jul 27, 2024
Verified
The signature of the maker of a note may not be typewritten or signed by means of a signature stamp, as only a handwritten signature is adequate to authenticate the instrument.
Signature Of The Maker
The act of a person (the maker) signing a document, thereby acknowledging and accepting responsibility for its contents or terms, often used in context with negotiable instruments.
Typewritten
Documents or text produced using a typewriter or similar technology, characterized by uniform spacing and font.
Signature Stamp
A stamp made to mimic a person's signature, often used for authorizing documents in a more efficient manner.
- Recognize the validity and authentication methods of signatures on negotiable instruments.
Verified Answer
EA
Easy and Fast tricksJul 27, 2024
Final Answer :
False
Explanation :
Under the Uniform Commercial Code (UCC), a signature on a negotiable instrument (like a note) can be made in any manner, including typewriting or a signature stamp, as long as it is intended by the person as a signature.
Learning Objectives
- Recognize the validity and authentication methods of signatures on negotiable instruments.