Jess signs a note using only her initials promising to pay, Financial Accounting

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Jess signs a note using only her initials promising to pay

Jess signs a note using only her initials promising to pay "$1500 and my Rolex watch." This instrument is:

A. negotiable because it is an unconditional promise to pay

B. nonnegotiable because the signature is invalid

C. nonnegotiable because it does not recite any consideration

D. nonnegotiable because the note is not payable entirely in money.

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Financial Accounting: Jess signs a note using only her initials promising to pay

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Financial Accounting: Jess signs a note using only her initials promising to pay

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