Suppose that in court, Durbin argues that because the school closed down before he could fi nish

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Suppose that in court, Durbin argues that because the school closed down before he could fi nish his education, there was a failure of consideration: he did not get something of value in exchange for his promise to pay. Assuming that the government is a holder of the promissory note, would this argument likely be successful against it? Why or why not?

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Business Law

ISBN: 9781111530594

12th Edition

Authors: Roger LeRoy Miller, Frank B Cross

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