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Which of the Following Statements Will Cause an Instrument to Be

Question 62

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."

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