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Tyron Purchased a $2,900 Promissory Note from Jared for the Discounted

Question 18

True/False

Tyron purchased a $2,900 promissory note from Jared for the discounted amount of $2,500.Tyron paid value,in good faith and without notice of any outstanding claims against this promissory note that read,"Pay to the order of Jared $2,900 on July 1,2009,for the purchase of a 2001 Ford Taurus provided no major problems with the car arise prior to said payment date." Tyron is a holder in due course of a negotiable note.

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