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1. Pedro signs an instrument that states it is being executed as per a contract for the sale of a truckload of almonds dated May

1. Pedro signs an instrument that states it is being executed as per a contract for the sale of a truckload of almonds dated May 1. This instrument is a. not negotiable, because it refers to an express contract. b. negotiable. c. not negotiable, because it includes the specific date of a contract. d. not negotiable, because banks cannot easily process commodities.

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