C is corrent. The requirement is to identify the condition that will preclude an instrument from being negotiable. Under the UCC, an instrument must (1) be in writing, (2) be signed by the maker or drawer, (3) contain an unconditional promise or order to pay, (4) state a fixed sum of money, (5) be payable on demand or at a definite time, (6) be payable to order or to bearer unless it is a check. This answer is correct because the instrument must contain an unconditional promise or order to pay as in (3) above. A is incorrect because the UCC does not require it to be dated to be negotiable. B is incorrect. The requirement is to identify the condition that will preclude an instrument from being negotiable. Under the UCC, an instrument must (1) be in writing, (2) be signed by the maker or drawer, (3) contain an unconditional promise or order to pay, (4) state a fixed sum of money, (5) be payable on demand or at a definite time, (6) be payable to order or to bearer unless it is a check. B is incorrect because it is not required in (1) through (6) above. D is incorrect. The requirement is to identify the condition that will preclude an instrument from being negotiable. Under the UCC, an instrument must (1) be in writing, (2) be signed by the maker or drawer, (3) contain an unconditional promise or order to pay, (4) state a fixed sum of money, (5) be payable on demand or at a definite time, (6) be payable to order or to bearer unless it is a check. D is incorrect because it is not required in (1) through (6) above.
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