Which of the Following Statements Will Cause an Instrument to Be

question 62

Multiple Choice

Which of the following statements will cause an instrument to be nonnegotiable?

• A)"Payment is subject to the terms of a mortgage dated August 30,2005."
• B)"Payment is secured by a mortgage dated August 30,2005."
• C)"Payment is in consideration of two months' rent."
• D)"Payment to be made 30 days after date,for a note dated August 30,2005."

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A critical thinking approach focused on exploring fundamental causes and motivations behind concepts, processes, or problems.

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Enhancing the act or process of closely monitoring or noticing something with careful attention.

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