Question: When Tom Trousseau lent Bob Barrow $100, he asked for an IOU. Barrow took a business card from his wallet and scribbled these words on
When Tom Trousseau lent Bob Barrow $100, he asked for an IOU. Barrow took a business card from his wallet and scribbled these words on its back: "IOU, old pal Tom, one hundred bucks," signed and dated it, and gave it to Trousseau. Is the card an enforceable written contract?
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No The card is not a contract as it is incomplete and missing ... View full answer
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