A Negotiable Instrument Is

Multiple Choice

A negotiable instrument is

A) valuable documents that can be pledged as security to another.
B) a written promise by a party given in exchange for a promise of another.
C) an instrument that is used in negotiations.
D) an instrument that can be given in exchange for a promise of another.
E) a written contract containing a promise, express or implied, to pay a specific sum of money to the order of a designated person or to bearer.