Which of the following will result in an instrument being nonnegotiable?

• A.It contains a variable interest rate such that the amount of interest that will be due cannot be determined at the time the note is created.
• B.It states that the payment of funds will come from the proceeds of a specific contract.
• C.It states that the entire balance will become immediately due in the event of a default by the maker.
• D.It states that the rights of the payee to receive payment are subject to the terms of a separate agreement.

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