Multiple Choice
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.
Correct Answer:

Verified
Correct Answer:
Verified
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