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Question
Kevin, the owner of Livestock Ranch Corporation, signs an instrument that includes the phrase "payment for this note will be made from the proceeds of next year's stock sale." This instrument isa. negotiable.
b. nonnegotiable, because information about the sale must be obtained from another source.
c. nonnegotiable, because it states an express condition to payment.
d. nonnegotiable, because the reasons for the note are not clear.
Answer
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Related questions
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Fact Pattern 41-1
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Fact Pattern 41-1
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