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| An instrument complies with the requirements for negotiability contained in the Commercial Paper Article of the Uniform Commercial Code. The instrument contains language expressly acknowledging the receipt of $10,000 by the First Bank of Grand Rapids and an agreement to repay principal with interest at 15% 1 year from date. This instrument is A. Nonnegotiable because of the additional language. B. A banker’s acceptance. C. A negotiable certificate of deposit. D. A banker’s draft. |