Chip owed $600 to Dale. Dale asks Chip to sign an instrument for the debt. Chip does so. Chip write "payable to the order of Dale." Presume all other elements for a negotiable instrument are satisfied. 1. Is the note negotiable? ( .5 points) 2. Further you must explain why the clause prevents or does not prevent the note to be negotiable. ( 2 points) Chip owed $600 to Dale. Dale asks Chip to sign an instrument for the debt. Chip does so. Chip writes that "the $600 owed is in gold coins." Presume all other elements for a negotiable instrument are satisfied. 1. Is the note negotiable? (.5 points) 2. Further you must explain why the clause prevents or does not prevent the note to be negotiable. (2 points) Chip owed $600 to Dale. Dale asks Chip to sign an instrument for the debt. Chip does so: Chip writes "10U" $600. Presume all other elements for a negotiable instrument are satisfied. 1. Is the note negotiable? (.5 points) 2. Further you must explain why the clause prevents or does not prevent the note to be negotiable. ( 2 points) Chip owed $600 to Dale. Dale asks Chip to sign an instrument for the debt. Chip does so. Chip uses an old shirt and writes the note with a permanent ink marker on the old shirt. Presume all other elements for a negotiable instrument are satisfied. 1. Is the note negotiable? (.5 points) 2. Further you must explain why the clause prevents or does not prevent the note to be negotiable. ( 2 points)