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Which of the Following Additional Terms Will Render an Instrument

Question 41

Multiple Choice

Which of the following additional terms will render an instrument nonnegotiable?


A) A clause protecting collateral to secure payment.
B) A clause providing authorization to confess judgment.
C) A clause waiving the benefit of any law intended for the protection or benefit of any person obligated on the instrument.
D) A clause that provides for an undertaking in addition to the payment of money.

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