Because a party's authenticating intent with respect to a note is shown by the name of the party written on the line that calls for the name of that party,
A)the name must be handwritten to negotiate the note.
B)a signature of the name must be witnessed to effect an assignment.
C)a stamped imprint of the name can be sufficient to transfer the note.
D)proof that an indorsement is legitimate is required to validate the note.

Question

Quizplus · Accepted Answer

A stamped imprint of the name can be sufficient for the transfer of the note because the Uniform Commercial Code (UCC) allows for various forms of signature, including stamped imprints, to demonstrate the authenticating intent of the party.

Because a Party's Authenticating Intent with Respect to a Note