Generally,Rita Signs Her Name Using an Infinity Symbol Rather Than

question 14

Multiple Choice

Generally,Rita signs her name using an infinity symbol rather than her legal name.Rita signed an instrument using this symbol.Which statement is correct?

• A)The instrument cannot be negotiable.To be a negotiable, the instrument must be signed in Rita's legal name.
• B)The instrument cannot be negotiable. To be negotiable, the instrument must be signed in Rita's given name.
• C)The instrument cannot be negotiable. To be negotiable, the instrument must be signed using letters from the alphabet.
• D)The instrument can be negotiable. Rita intended to indicate her signature.

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Definitions:

Trading in Securities

The practice of buying and selling stocks, bonds, and other financial instruments, typically for short-term profit.

Audit Committee

A subgroup of a company's board of directors that oversees the financial reporting and disclosure process, working closely with auditors.

Sarbanes-Oxley Act of 2002

A U.S. federal law that established sweeping auditing and financial regulations for public companies to protect investors from fraudulent financial reporting.