Richard borrowed $100 from his friend,Leonard Smith.Richard signed a handwritten note stating,"I promise to pay $100 to the order of Leonard Smith." Under these circumstances:

Question

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For an instrument to be negotiable,it must be in writing,be signed by the issuer,contain an unconditional promise or order to pay a fixed amount of money,be payable to order or to bearer,be payable on demand or at a definite time,and not state any other undertaking or instruction by the person promising or ordering to do any act in addition to the payment of money.

Richard Borrowed $100 from His Friend,Leonard Smith