Which of the following notes would not be negotiable? A written, signed promise to pay:
A) $50,000 to the order of Crouch, and the maker of the note orally stated to Crouch that the money would only be paid if all contractual specifications were met.
B) $500 and a rick of firewood on or before September 10.
C) which includes a statement that, "This note is given in partial payment for a piano to be delivered in one week from date in accordance with a contract of this date between the maker and the payee."
D) All of these.

Question

Quizplus · Accepted Answer

Option B is not negotiable because it involves the payment of money and an additional performance (a rick of firewood), which does not comply with the requirement for negotiability that the promise must be to pay money only.

Which of the Following Notes Would Not Be Negotiable? a Written