Frank agrees to build a garage for Sarah for $25,000. Sarah offers to sign either a contract
Question:
Frank agrees to build a garage for Sarah for $25,000. Sarah offers to sign either a contract showing her obligation to pay Frank $25,000 or a negotiable promissory note for $25,000 payable to the order of Frank. Would you advise Frank to ask for the contract
or the promissory note? Explain.
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The promissory note would be preferable Because it is negotiable Sarah can ...View the full answer
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Rashul Chutani
I have been associated with the area of Computer Science for long. At my university, I have taught students various Computer Science Courses like Data Structures, Algorithms, Theory of Computation, Digital Logic, System Design, and Machine Learning. I also write answers to questions posted by students in the area of and around Computer Science.
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Related Book For 
Law for Business
ISBN: 978-1259722325
13th edition
Authors: A. James Barnes, Terry M. Dworkin, Eric L. Richards
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