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29. Which of the following instruments is nonnegotiable? A. An instrument stating I promise to pay to the order of Carol Reed $40, Jerry Jacobs.

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29. Which of the following instruments is nonnegotiable? A. An instrument stating "I promise to pay to the order of Carol Reed $40, Jerry Jacobs." B. An instrument stating that it was given in payment of the previous month's rent. C. An instrument stating that it was given in payment of the purchase price of goods. D. An instrument stating "I promise to pay to the order of Meg Raven, at my option, $100 or five baskets of oranges, Dan Gilbert

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