Ron. who is illiterate, signs an instrument using an " R " with a circle around it. With this mark for a signature, the instrument is A. nonnegotiable, because an initial does not state the signer's name. B. nonnegotiable, because illiterate people cannot execute negotiable instruments C. nepotiable. D. nonnegotuble, because there is no considetation A-One Appliance Company markets its products tlarougla its own A-One Applianee Storen. A-One has tutitsen disclaimer saying that 'any express wartanties are andl and void and have no effect. For this disclaimer to be valid, it must be A clear and conspicuosis and called to a boyer's attention 13. in amaller print than the revt of the sales contract. C. not presented to a bryer until afier a sales centrast has been entered into. D, all of the above E. nohe of the above Ray signs a promissory note that says, 7 promise to pay $10,000 to State University (SU) whenever I get good and ready to," This note is A nonnegotiable, becaure SU anmaed the nisk that the note would not be paid. 14 nonnegotiable, beciuse the note is not payable at a definite time or on demand negotiable, because the note is an unconditional promise to pay the holder negotiable, because there is a uniform 'detault time' for repayment when a date is not specified E. nane of the above Ron. who is illiterate, signs an instrument using an " R " with a circle around it. With this mark for a signature, the instrument is A. nonnegotiable, because an initial does not state the signer's name. B. nonnegotiable, because illiterate people cannot execute negotiable instruments C. nepotiable. D. nonnegotuble, because there is no considetation A-One Appliance Company markets its products tlarougla its own A-One Applianee Storen. A-One has tutitsen disclaimer saying that 'any express wartanties are andl and void and have no effect. For this disclaimer to be valid, it must be A clear and conspicuosis and called to a boyer's attention 13. in amaller print than the revt of the sales contract. C. not presented to a bryer until afier a sales centrast has been entered into. D, all of the above E. nohe of the above Ray signs a promissory note that says, 7 promise to pay $10,000 to State University (SU) whenever I get good and ready to," This note is A nonnegotiable, becaure SU anmaed the nisk that the note would not be paid. 14 nonnegotiable, beciuse the note is not payable at a definite time or on demand negotiable, because the note is an unconditional promise to pay the holder negotiable, because there is a uniform 'detault time' for repayment when a date is not specified E. nane of the above
