Eden Signs a Promissory Note Payable to the Order of First

Multiple Choice

Eden signs a promissory note payable to the order of First Mortgage Company. The note states that it is payable "with interest at the legal rate." This note is​

A) ​negotiable.
B) ​nonnegotiable, because it does not specify a rate of interest.
C) ​nonnegotiable, because it is payable with interest.
D) ​nonnegotiable, because the exact amount payable cannot be determined from the face of the instrument.