In a negotiable instrument, the promise or order to pay must be unconditional.

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According to the Uniform Commercial Code (UCC), a negotiable instrument is defined as a written document that promises or orders the payment of a certain amount of money, either on demand or at a specific time. This promise or order to pay must be unconditional for the instrument to be considered negotiable. Any conditions or limitations added to the promise or order would make it non-negotiable.

In a Negotiable Instrument, the Promise or Order to Pay