Brad, the owner of Clear Cut Corporation, signs an instrument that includes the phrase "payment for this note will be made from the proceeds of next year's timber sale." This instrument is
A)not necessarily nonnegotiable.
B)not negotiable, because payment must come from a particular source.
C)not negotiable, because it states an express condition to payment.
D)not negotiable, because the reasons for the note are not clear on its face.Fact Pattern 14-3 Thalia signs an instrument unconditionally promising to pay to "Union Bank" $7500 with interest in installments with the final payment due June 1, 2017.

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The Answer of Brad, the owner of Clear Cut Corporation, signs an instrument that includes the phrase "payment for this note will be made from the proceeds of next year's timber sale." This instrument is
A)not necessarily nonnegotiable.
B)not negotiable, because payment must come from a particular source.
C)not negotiable, because it states an express condition to payment.
D)not negotiable, because the reasons for the note are not clear on its face.Fact Pattern 14-3 Thalia signs an instrument unconditionally promising to pay to "Union Bank" $7500 with interest in installments with the final payment due June 1, 2017.

Brad, the Owner of Clear Cut Corporation, Signs an Instrument