Jones signed a 90-day note promising to pay $1,000 plus interest.The note states interest is to be based on a variable published rate external to the note.The sum the borrower must repay is uncertain; therefore, under Revised Article
3, the note is not negotiable.

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The Answer of Jones signed a 90-day note promising to pay $1,000 plus interest.The note states interest is to be based on a variable published rate external to the note.The sum the borrower must repay is uncertain; therefore, under Revised Article
3, the note is not negotiable.

Jones Signed a 90-Day Note Promising to Pay $1,000 Plus