Joe signs an instrument in favor of Matthew. The instrument states it is “subject to a certain security agreement between Joe and Jimmy.” This instrument is:

A signature must be located on the lower left-hand corner of a document in order to be negotiable.

When forming a limited partnership, such as “Smith, Limited Partnership” it is not necessary to include the words “limited partnership”

Only certain partners have the right to inspect and copy partnership books during ordinary business hours. 

The term for when a partner ceases to be involved in the business.

In order to purchase office supplies for his law firm, Harvey Specter executes a draft in favor of Sammy Supplier. A draft is:

Shareholders may remove any director or the entire board of directors in a meeting called for that purpose by majority vote:

This is the term used to describe the situation where a corporation has been formed by the incorporators having complied with all applicable statutory requirements

Which of the following is not one of the attributes of a corporation?

A violation of the Economic Espionage Act occurs when there is a trade secret and (1) an employee wrongfully uses or discloses it or (2) a competitor wrongfully obtains it.