What does the term "instrument" refer to in legal terms?

Prepare for the Illinois Notary Exam. Study with flashcards and multiple choice questions, each question offers hints and explanations. Get ready for your test!

In legal terms, the word "instrument" typically refers to a written document that has legal significance. This can include various types of documents such as contracts, deeds, wills, and other formal agreements that record the rights and obligations of the parties involved. The essence of the term is rooted in the idea that these written documents serve as proof of transactions or agreements and can be enforced in a court of law.

A verbal agreement, while it may hold some weight, lacks the formal recognition that a written document provides, making it less enforceable in legal circumstances. Similarly, verbal testimony is not categorized as an "instrument" because it does not represent a written record and can be subject to interpretation and credibility issues. Physical property, on the other hand, refers to tangible assets and does not align with the definition of an instrument, which is specifically about written documentation. Therefore, the correct understanding of "instrument" as a written document highlights the importance of having formalized agreements in legal practices, particularly in the context of notary duties where proper documentation is crucial.

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