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An Instrument Fails to Be Negotiable Because It States, "Payment

Question 87

Multiple Choice

An instrument fails to be negotiable because it states, "payment will be made by $100 and a rare antique vase." Which of the following scenarios would render the instrument negotiable?


A) The instrument changes "and" to "or."
B) The instrument omits $100.
C) The instrument omits the rare antique vase.
D) The instrument omits how payment will be made.
E) The payment clause as-is does not preclude the instrument from being negotiable.

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