Jane signs an instrument using a "J" with a swirl around it. With this mark for a signature, the instrument is
A) negotiable.
B) nonnegotiable, because an initial does not state the signer's name.
C) nonnegotiable, because an initial is not a signature.
D) nonnegotiable, because a simple initial implies a lack of binding intent.

Question

Quizplus · Accepted Answer

A signature can be any mark or symbol made with the intent to authenticate a document. Jane's "J" with a swirl is sufficient to make the instrument negotiable.

Jane Signs an Instrument Using a "J" with a Swirl