A Person Cannot Be Held Contractually Liable on a Negotiable

question 25

True/False

A person cannot be held contractually liable on a negotiable instrument unless his or her signature appears on it.

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Definitions:

Cause Conflict

To evoke a disagreement or argument, typically by being the underlying reason or instigator of the discord.

Passive People

People who often accept events or others' actions passively, without actively responding or opposing.

Open-Ended Questions

Questions formulated to elicit more detailed and thoughtful responses, allowing the respondent freedom to express themselves without restriction.

Deal

An agreement entered into by two or more parties, especially in a business context, for mutual benefit.