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A medallion signature guarantee is a binding warranty, issued by an agent of the authorized guarantor institution, that: (a) the signature was genuine; (b) the signer was an appropriate person to endorse, and (c) the signer had legal capacity to sign. A medallion signature guarantee is not equivalent to a US notarial Acknowledgment. [1]
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A signature (/ ˈ s ɪ ɡ n ɪ tʃ ər, ˈ s ɪ ɡ n ə tʃ ər /; from Latin: signare, "to sign") is a depiction of someone's name, nickname, or even a simple "X" or other mark that a person writes on documents as a proof of identity and intent. Signatures are often, but not always, handwritten or stylized. The writer of a signature is a ...
Alice signs a message—"Hello Bob!"—by appending a signature computed from the message and her private key. Bob receives both the message and signature. He uses Alice's public key to verify the authenticity of the signed message. A digital signature is a mathematical scheme for verifying the authenticity of digital messages or documents. A ...
A valid signature also guarantees that some parts of the email (possibly including attachments) have not been modified since the signature was affixed. [2] Usually, DKIM signatures are not visible to end-users, and are affixed or verified by the infrastructure rather than the message's authors and recipients. DKIM is an Internet Standard. [3]
Express warranties are created when the seller makes a guarantee to the buyer that the product or service being offered has certain qualities. For there to exist an express warranty, a statement regarding the product or service must be made to the buyer and the statement must play a role in the buyer's decision to purchase the product or service.
The signature guarantees that only Mallory could have signed the cheque, and so Mallory's bank must pay the cheque. This is non-repudiation; Mallory cannot repudiate the cheque. In practice, pen-and-paper signatures are not hard to forge , but digital signatures can be very hard to break.
Public official bonds guarantee the honesty and faithful performance of those people who are elected or appointed to positions of public trust. Examples of officials sometimes requiring bonds include: notaries public, treasurers, commissioners, judges, town clerks, law enforcement officers, and credit union volunteers.