First, let $K$ be a field. Then the field of rational functions $K(x)$ is a projective $K[x]$ module. I can prove this by showing that $K(x)$ is not a free $K[x]$-module because $K[x]$ is a principal ideal domain, which means that free implies projective.
My question is, if we were to replace $K$ by an integral domain $R$, could $S^{-1}(R[x])$, the field of fractions of $R[x]$, be a projective $R[x]$-module? Since $R[x]$ is not necessarily a PID, the above strategy would no longer apply.