On Behalf of Digital Cable Company,Elvin Signs an Instrument in Which

question 27

Multiple Choice

On behalf of Digital Cable Company,Elvin signs an instrument in which he promises to deliver 1,000 feet of optic fiber cable to Financiers eBank on March 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 type of cable.
• D)nonnegotiable,because it does not recite any consideration.

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