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Diana Borrows $10,000 from Thomas and Signs a Promissory Note,promising

Question 85

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Diana borrows $10,000 from Thomas and signs a promissory note,promising to pay Thomas this amount plus 10 percent interest in one year.Thomas indorses the note and negotiates it to Frank.Frank indorses the note and negotiates it to Lila.Lila presents the note to Diana for payment when the note is due.Diana refuses to pay the note.How can each person recover the money?

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In this scenario,Frank became secondaril...

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