Alvin Signs a Promissory Note Payable to the Order of Borrow

Multiple Choice

Alvin signs a promissory note payable to the order of Borrow & Spend Loan Company. The note states that it is payable "with interest at the legal rate." This note is

A) ​negotiable.
B) ​not negotiable, because it does not specify a rate of interest.
C) ​not negotiable, because it is a promissory note.
D) ​not negotiable, because it is payable only with interest.