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Ben Signs a Promissory Note for $1,500 in Favor of Community

Question 8

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Ben signs a promissory note for $1,500 in favor of Community College. The note is undated but specifies that it is "payable one month after date." This note is


A) ​negotiable.
B) ​not negotiable, because one month is not a reasonable time.
C) ​not negotiable, because there is no option to pay early.
D) ​not negotiable, because the maturity date cannot be determined from the face of the instrument.

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