Question: 2) Tom issued a promissory note to peter, after a period of time peter decided to transfer the property of the note to (X) for

2) Tom issued a promissory note to peter, after a

2) Tom issued a promissory note to peter, after a period of time peter decided to transfer the property of the note to (X) for value "goods", (X) refused and told him that the promissory note is just a document to prove the debt and he can't use it as a cash. What is your opinion about the reaction of (X)? Explain your

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