Marin writes on a piece of paper, "I owe you $600," signs it, and gives it to Nye. This instrument is
A) negotiable.
B) nonnegotiable, because it does not include an express promise to pay.
C) nonnegotiable, because it does not recite any consideration.
D) nonnegotiable, because it does not state any conditions to payment.
Correct Answer:
Verified
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