Ivan Signs a Promissory Note Payable to Jade on Which

Multiple Choice

Ivan signs a promissory note payable to Jade on which Ivan conspicuously notes that it is "not negotiable" and gives the note to Jade.This instru?ment is

A) negotiable.
B) nonnegotiable,because it includes the notation "not negotiable."
C) nonnegotiable,because it is a promissory note.
D) nonnegotiable,because it was given to Jade.