A Person Is Not Liable on an Instrument Unless He

question 54

True/False

A person is not liable on an instrument unless he or she has signed it personally or through an authorized representative.

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Definitions:

Title

Legal ownership or evidence of ownership of property, assets, or intellectual property.

License Plates

Metal or plastic plates displayed on vehicles to officially identify them and confirm they have been registered with the governing authorities.

Title

The legal right to own or possess something, such as property or a vehicle.

Conditional Gift

A gift given with specific conditions attached that must be fulfilled for the gift to be retained by the recipient.