A Symbol or Mark May Act as an Individual's Signature

question 43

True/False

A symbol or mark may act as an individual's signature as per the Statute of Frauds and the UCC's requirement that a written contract must be signed by the party against whom enforcement is sought.

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Definitions:

Institutionalization

The process by which a practice, organization, or concept becomes established and accepted as a norm within society.

Deviance

Behaviors, thoughts, or actions that defy social norms or expectations, often leading to negative sanctioning.

Fraudulent Activity

Deceptive actions or schemes intentionally carried out for personal or financial gain at the expense of others.

Anomie Theory

A theory in sociology that suggests societal norms break down due to rapid changes, leading to social instability and deviance.