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Examine the uniform commercial code

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Question: Critical Legal Thinking. The Uniform Commercial Code (UCC) generally sets forth strict requirements for negotiable instruments. In regard to what constitutes a signature on an instrument, however, the UCC grants extreme latitude- X marks, initials, and rubber-stamped signatures are all permitted. Given the potential for forgery of these kinds of signatures, why does the UCC permit them?

Reference no: EM131660069

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