An instrument fails to be negotiable because it states, "payment will be made by $100 and a rare antique vase." Which of the following scenarios would render the instrument negotiable?

A) The instrument changes "and" to "or."
B) The instrument omits $100.
C) The instrument omits the rare antique vase.
D) The instrument omits how payment will be made.
E) The payment clause as-is does not preclude the instrument from being negotiable.

Question

JOLIE LAWRENCE · Accepted Answer

Final Answer : C, Explanation :  For an instrument to be negotiable, it must promise or order payment of a fixed amount of money. By omitting the rare antique vase, the instrument would meet the requirement of being payable solely in money.

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