2014 (Commercial Law) Bar Exam Questions: Question 28

[Answer / discuss the question below. Or see 2014 bar exam Commercial Law Instructions; 2014 Commercial Law essay and multiple choice Questions: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28 and 29; See also 2014 Bar Exam: Information, Discussions, Tips, Questions and Results]

XXVIII.

Which of the following instruments is negotiable if all the other requirements of negotiability are met? (1%)

(A) A promissory note with promise to pay out of the U.S. Dollar account of the maker in XYZ Bank

(B) A promissory note which designates the U.S. Dollar currency in which payment is to be made

(C) A promissory note which contains in addition a promise to paint the portrait of the bearer

(D) A promissory note made payable to the order of Jose Cruz or Josefa Cruz

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