The law imposes contractual liability on those who sign, or have a representative agent sign, a negotiable instrument.

Question

Quizplus · Accepted Answer

The law does impose contractual liability on those who sign or have a representative agent sign a negotiable instrument. This means that whoever signs the instrument is legally bound to fulfill the contractual obligations specified in the document. If they fail to do so, they can be held liable for any damages or losses incurred by the other party.

The Law Imposes Contractual Liability on Those Who Sign, or Have