Carlos borrowed $100 from his friend, Juanita. Carlos signed a handwritten note stating, "I promise to pay $100 to the order of Juanita." Under these circumstances, the note is ________.

A. negotiable because it meets all the requirements for negotiability
B. not negotiable because it does not acknowledge the reason for the debt
C. negotiable because it is a simple contract
D. not negotiable because it does not state the time payment is due


Answer: A

Business

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