Which of the following is true regarding Hye's assertion that Aris did not have a negotiable instrument?

A) Hye is incorrect, and the document by which Dante assigned the right to Aris is a negotiable instrument in regard to her duty to pay.
B) Hye is correct because her agreement with Dante was not in a writing containing words of negotiability.
C) Hye is correct because Aris was not a party to the original contract.
D) Hye is incorrect because her admission establishes the existence of a negotiable instrument between her and Dante that could be assigned to Aris.
E) Hye is correct because the amount at issue is insufficient to create a negotiable instrument.

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hamza Lahlali · Accepted Answer

Final Answer : B, Explanation :  Hye is correct because her agreement with Dante was not in a writing containing words of negotiability. A negotiable instrument must be in writing and contain an unconditional promise or order to pay a fixed amount of money. Since the agreement with Dante was oral and did not contain such a promise in a written form with words of negotiability, it cannot be considered a negotiable instrument.

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