Pedro 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)notnegotiable,because banks cannot easily process commodities.
C)notnegotiable,because it includes the specific date of a contract.
D)notnegotiable,because it refers to an express contract.

Question

Quizplus · Accepted Answer

The Answer of Pedro 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)notnegotiable,because banks cannot easily process commodities.
C)notnegotiable,because it includes the specific date of a contract.
D)notnegotiable,because it refers to an express contract.

Pedro Signs an Instrument That States It Is Being Executed