Which of the following instruments is nonnegotiable?
A) "I promise to pay to the order of Carol Reed $40,Jerry Jacobs."
B) A statement in the instrument that it was given in payment of the previous month's rent.
C) A statement in the instrument that it was given in payment of the purchase price of goods.
D) "I promise to pay to the order of Meg Raven,at my option,$100 or five baskets of oranges,Dan Gilbert."
Correct Answer:
Verified
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