To borrow funds to finance his business, Rollo executes an instrument in favor of Security Bank. For the instrument to be negoti

Question

Semenov [28]

3 years ago

9

To borrow funds to finance his business, Rollo executes an instrument in favor of Security Bank. For the instrument to be negoti

able, the signature must be ____

Social Studies

1 answer:

aalyn [17] · Answer 1 · 2022-07-05T04:28:12+03:00

Answer:

anywhere on the instrument.

Explanation:

According to my research on financial loan requirements, I can say that based on the information provided within the question the signature must be anywhere on the instrument. This is allows the bank to have proof that the instrument was executed by Rollo in favor of Security Bank, in case there is any legal trouble involving the instrument or Rollo.

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