Ross signs an instrument using an "R" with a circle around it. With this mark for a signature, the instrument is
A) negotiable.
B) nonnegotiable, because an initial does not state the signer's name.
C) nonnegotiable, because an initial is not a signature.
D) nonnegotiable, because a simple initial implies a lack of binding intent.
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Home » Business » Ross signs an instrument using an "R" with a circle around it. With this mark for a signature, the instrument is A) negotiable. B) nonnegotiable, because an initial does not state the signer's name.