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4. John Madera signed a promissory note payable to A Duda &Sons, Inc., in the amount of $47,872. The note began for value received, we
4. John Madera signed a promissory note payable to A Duda &Sons, Inc., in the amount of $47,872. The note began "for value received, we promise to pay A. Duda & Sons, Inc. ..."Madera signed the note beneath the name and address of Tomatoes, Inc., as follows: TOMATOES, INC 3118 Produce Row Houston, Texas 77023 /s/ John Madera When the note was not paid, Duda & Sons filed suit against Tomatoes and against Madera individually, alleg- ing that the two defendants were jointly and severally liable for the balance due on the note. Is Madera liable on the note in an individual capacity? Explain
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