Commercial Law, 2014 Bar — Question XXVIII

MULTIPLE CHOICE

Which of the following instruments is negotiable if all the other requirements of negotiability are met? (1%) A) A promissory note with promise to pay out of the U.S. Dollar account of the maker in XYZ Bank; B) A promissory note which designates the U.S. Dollar currency in which payment is to be made; C) A promissory note which contains in addition a promise to paint the portrait of the bearer; D) A promissory note made payable to the order of Jose Cruz or Josefa Cruz.

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