Used often in legal or official contexts where a written agreement is necessary. The signer's hesitation indicated they might not agree with the terms.
Pro Tip 2/3
Responsibility
Implies taking on responsibilities or duties linked to what is being signed. As the primary signer of the loan, you are responsible for payments.
Pro Tip 3/3
Agreement
Indicates a person's agreement to conditions, often after negotiations. The deal was final once the signer put pen to paper.