Multiple Choice
Which of the following statements will cause an instrument to be nonnegotiable?
A) "Payment is subject to the terms of a mortgage dated August 30,2005."
B) "Payment is secured by a mortgage dated August 30,2005."
C) "Payment is in consideration of two months' rent."
D) "Payment to be made 30 days after date,for a note dated August 30,2005."
Correct Answer:

Verified
Correct Answer:
Verified
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