Kelly Signs an Instrument in Favor of Len That States

question 7

Multiple Choice

Kelly signs an instrument in favor of Len that states it is "subject to a cer?tain agreement between Kelly and Mona." This instru?ment is

• A)negotiable.
• B)nonnegotiable,because it is made subject to a separate agreement.
• C)nonnegotiable,because it refers to a separate agreement.
• D)nonnegotiable,because Kelly and Mona are not the same persons.

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