The signature requirement indicates that a negotiable instrument must be signed by ________.
A) a witness
B) the maker
C) a drawee
D) the payee

Question

Quizplus · Accepted Answer

The maker of a negotiable instrument is the person or entity that creates and signs the instrument, and as such, is responsible for payment. The signature of the maker is necessary to make the instrument legally binding. Witnesses, drawees, and payees may also be involved in the transaction, but their signatures are not required for the instrument to be negotiable.

The Signature Requirement Indicates That a Negotiable Instrument Must Be