Jaime Signs an Instrument Using a "J" with a Swirl

question 14

Multiple Choice

Jaime signs an instrument using a "J" with a swirl around it. With this mark for a signature, the instrument is

• A)negotiable.
• B)nonnegotiable, because an initial does not state the signer's name.
• C)nonnegotiable, because an initial is not a signature.
• D)nonnegotiable, because a simple initial implies a lack of binding intent.

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Definitions:

Supply Curve

A graphical representation of the relationship between the price of a good and the quantity supplied, typically upward sloping.

Rare Earth Metals

A group of 17 chemically similar elements critical in many high-technology devices like smartphones, wind turbines, electric vehicles, and various defense applications.

Electronic Components

Fundamental discrete devices or parts in an electronic system used to affect electrons or their associated fields.

Supply Curve

A visual chart depicting how the price of a product correlates with the amount of the product that sellers are prepared to offer.