On Behalf of Bottled Drinks Company,Devlin Signs an Instrument in Which

question 38

Multiple Choice

On behalf of Bottled Drinks Company,Devlin signs an instrument in which he promises to deliver 100 cases of bottled springwater as payment to Containers & Packaging,Inc.,on April 1.This instrument is​ 

• A) ​negotiable. 
• B) ​nonnegotiable, because cable is not a medium of exchange author-ized or adopted by a government as currency. 
• C) ​nonnegotiable, because it does not indicate a specific brand of water. 
• D) ​nonnegotiable, because it does not recite any consideration.

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