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Question
Three of the following render an instrument nonnegotiable; one does not affect negotiability. Which of the following does NOT affect negotiability?
A. A draft that says: "Pay to the order of Sue Smith once she repairs my computer."
B. An instrument that says only: "This confirms my $1,000 debt to Sue Smith."
C. A note that says: "Payment is conditional upon the terms of the mortgage between the parties dated June 1, 2000."
D. A notes that says: "This note is secured by the property described in the parties' mortgage of June 1, 2000."
Answer
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