A Person Cannot Be Held Contractually Liable on a Negotiable

question 25

True/False

A person cannot be held contractually liable on a negotiable instrument unless his or her signature appears on it.

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Definitions:

Conditional Estate

An interest in real property that is contingent upon the occurrence of a specified condition.

Library of Congress

The largest library in the world, located in Washington, D.C., serving primarily as a research library for the United States Congress and an invaluable resource of historical and academic materials.

Copyrighted Materials

Works such as books, music, film, or art that are protected under copyright law, ensuring creators have exclusive rights to use and distribute their work.

Trademark Registration

The process of officially recording a trademark with the relevant governmental authority to obtain exclusive rights to use the mark in connection with certain goods or services.