Which of the following is false regarding the UCC's signature requirement for a negotiable instrument?
A) The signature may be an assumed name.
B) A signature may be made by means of a device or machine.
C) A signature may be made manually.
D) The signature of an agent on behalf of the principal binds the principal and satisfies the signature requirement.
E) The UCC prohibits an X from being used as a signature.

Question

Quizplus · Accepted Answer

The Uniform Commercial Code (UCC) is flexible regarding the form of signatures on negotiable instruments. It allows signatures to be made in various ways, including assumed names, by devices or machines, manually, or even by an agent on behalf of a principal. However, it does not prohibit the use of an "X" as a signature. An "X" can be considered a valid signature if it is intended as such by the party.

Which of the Following Is False Regarding the UCC's Signature