Which of the Following Is Correct with Respect to the Fixed

Multiple Choice

Which of the following is correct with respect to the fixed amount requirement of negotiability under Revised Article 3?

A) The fixed amount requirement applies only to the principal.
B) Interest may be stated in an instrument as a fixed or variable amount of money or it may be expressed as a fixed or variable rate or rates.
C) A sum certain may be payable in installments or with a fixed discount if paid before maturity.
D) All of these are correct.