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Which of the following qualifies as a negotiable instrument under the particular fund doctrine? A check which indicates that it will be paid out of

Which of the following qualifies as a negotiable instrument under the particular fund doctrine?

A check which indicates that it will be paid out of account #234567 at First Bank.

A note which states: "I promise to pay Alice $500 only out of the profits from my yard sale."

A note which states: "I promise to pay to the order of Alice $500 only out of the profits from my yard sale."

All of the above are negotiable instruments under the particular fund doctrine.

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