For a change to constitute an alteration, the person making the change must be a party to the instrument.

Name: For a change to constitute an alteration, the person making the change must be a party to the instrument.
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Question

Quizplus · Accepted Answer

According to the principle of contract law known as the doctrine of privity, only a party to a contract has the right to alter its terms. Therefore, for a change to be considered an alteration, the person making the change must be a party to the instrument.

For a Change to Constitute an Alteration, the Person Making