A Person Cannot Be Liable for Payment on a Negotiable

question 28

True/False

A person cannot be liable for payment on a negotiable instrument on the basis of signature liability unless he or she has signed it personally.

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Definitions:

Common Goals

shared objectives or aims among a group of individuals that provide a basis for collaborative effort.

Higher Levels

A term referring to advanced or superior stages, ranks, or degrees in any hierarchical structure, often implying greater complexity or importance.

Less-Skilled Individuals

Refers to persons who possess fewer or less advanced skills or qualifications than what is typically required or valued in the job market.

Team Success

Refers to the achievement of goals and objectives by a group of individuals working together effectively and efficiently.