Multiple Choice
Jack signs an instrument that states it is being executed "in accord with a contract for the sale of three magic beans dated June 1." This instru?ment is
A) negotiable.
B) nonnegotiable, because banks cannot easily process commodities.
C) nonnegotiable, because it includes the specific date of a contract.
D) nonnegotiable, because it refers to an express contract.
Correct Answer:
Verified
Correct Answer:
Verified
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