To borrow money to finance the start-up of his business,Buck executes an instrument in favor of City Bank.For the instru?ment to be negotiable,the signature must be
A)anywhere on the instrument.
B)anywhere on the lower half of the instrument only.
C)in the lower left-hand corner of the instrument only.
D)in the lower right-hand corner of the instrument only.

Question

Quizplus · Accepted Answer

The signature can be anywhere on the instrument for it to be negotiable. There are no specific requirements for the placement of the signature.

To Borrow Money to Finance the Start-Up of His Business,Buck