Multiple Choice
USA Oil Corporation signs an instrument that states it is being exe?cuted "in accord with a contract for the purchase of 4,000 barrels of oil dated May 1." This instrument is
A) negotiable.
B) nonnegotiable, because information about the sale must be ob?tained from another source.
C) nonnegotiable, because it states an express condition to payment.
D) nonnegotiable, because the terms of the sale are not clear.
Correct Answer:
Verified
Correct Answer:
Verified
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