Susie Q.signs a promissory note with her typical signature,an "X." Susie's mark will be sufficient to be considered a signature and establish liability in the instrument.

Name: Susie Q.signs a promissory note with her typical signature,an "X." Susie's mark will be sufficient to be considered a signature and establish liability in the instrument.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

UCC section 3-401 indicates that a signature on a negotiated instrument can be any name,word,or mark used in place of a written signature.

Susie QSigns a Promissory Note with Her Typical Signature,an "X