the accounting department of delta sales company receives an instrument that states, March 16, 2001. Thirty days after date, I promise to pay to the order of cash, $700 in Denver, Colorado, with the interest at the rate of 7% (seven percent) per year. This instrument is secured by a contract for the sale of a computer. Due April 15, 2001 [Signed Edward Jones]. Delta sales company negotiates the instrument to ABC Investments to cover an outstanding bill. When ABC attempted to collect from Edward Jones on April 16, 2001, he refused to pay stating the instrument was jot negotiable. ABC sued Edward Jones and Jones asked the judge for a summary judgment. Based on the requirements of negotiability, what areas do you think could come into question in the case? Do you believe the item was negotiable? Why or why not?