Question: Question 3 2 pts Jacob signs a promissory note payable to Kent with interest on which he conspicuously notes that it is nonnegotiable. This instrument

Question 3
2 pts
Jacob signs a promissory note payable to Kent "with interest" on which he conspicuously notes that it is "nonnegotiable." This instrument is
nonnegotiable, because it does not specify a rate of interest.
nonnegotiable, because the exact amount payable cannot be determined from the face of the instrument.
negotiable.
nonnegotiable, because it includes the notation "nonnegotiable."
Question 3 2 pts Jacob signs a promissory note payable to

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