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  • 03-09-2019
  • Social Studies
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To borrow funds to finance his business, Rollo executes an instrument in favor of Security Bank. For the instrument to be negotiable, the signature must be ____

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sandlee09
sandlee09 sandlee09
  • 10-09-2019

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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