What is the effect of the instruments being written by hand?
A)Handwriting does not prevent the instrument from being considered negotiable only because Sophie would not be considered a merchant in the transaction at issue,and Reza's status as a merchant is irrelevant.
B)Handwriting does not prevent the instruments from being considered negotiable only because neither Sophie nor Reza would be considered merchants in the transactions at issue.
C)The issue of the instruments being handwritten does not prevent either from being considered negotiable.
D)Handwriting does not prevent the instruments from being considered negotiable only because Reza would not be considered a merchant in the transaction at issue,and Sophie's status as a merchant is irrelevant.
E)Handwriting does not prevent the IOU instrument from being negotiable,but it does prevent the other instrument from being negotiable.

Question

Quizplus · Accepted Answer

A)The written document must have two characteristics: relative permanence and movability.A handwritten negotiable instrument satisfies the signature requirement even without a formal signature.

What Is the Effect of the Instruments Being Written by Hand