Can you hold one weapon per hand?

[MadMan8]

Originally when I read the rules I assumed that you could only equip one weapon in your "hands" slot. However then I encountered some kind of hand monster (sorry don't remember the exact card name) that allowed you to pay 500 to gain an extra hand instead of fighting the monster. That got me thinking "Why would I want an extra hand?" the only reason I could come up with was that must mean you can equip extra weapons then.

Does anyone else know how this works or what the point of having 3 hands would be?

[bonetm]

You can have 2 itens that require 1 hand OR one item that requires 2 hands equiped. With a 3rd hand, you can have one extra one-hand item.

[MunchkinMan]

By default, you have 2 Hand slots. Items that say Hand require one of those slots. Something that says 2 Hands uses 2 of those. So, with three Hands you could use three 1-Hand Items or one 2-Hand Item and one 1-Hand Item.