Oliver signs an instrument that states it is being executed "as per a contract for the sale of a case of apples dated May 1." This instrument is
A) negotiable.
B) nonnegotiable, because banks cannot easily process commodities.
C) nonnegotiable, because it includes the specific date of a contract.
D) nonnegotiable, because it refers to an express contract.
Correct Answer:
Verified
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