Question: Case 2: Jamal made a promissory note by which he promised to pay Coco & co. 90 days after date $1,000 for value received. Coco

Case 2:

Jamal made a promissory note by which he promised to pay Coco & co. 90 days after date $1,000 for value received. Coco &co. endorsed the note to Eventful Events who in turn endorsed it to Maria.

Maria who was unable to collect any money filed a lawsuit again the issuer. Jamal claims the following:

He is not liable since he made the note to Coco & co. and not Maria.
The number of endorsements made is not allowed by the Lebanese law.
He was not informed of any of the endorsements.

Are any of Jamals claims correct? Explain.

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