Examlex

Solved

Which of the Following Statements Correctly Illustrate a Legal Signature

question 133

Multiple Choice

Which of the following statements correctly illustrate a legal signature for online commercial transactions?


Definitions:

Transferee

A person or entity to whom rights or property is legally transferred.

Transferor

An individual or entity that transfers rights or property to another, typically as part of a sale or agreement.

Negotiable Instrument

A paper that promises to pay a certain sum of money, which can be demanded at any time or paid at an agreed moment, and identifies the individual responsible for the payment.

Presentment

The act of making a demand for the drawee to pay.

Related Questions