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Duncan Properties, Inc. agrees to buy a car from Shifty for $ 2 5 , 0 0 0 on credit. Duncan signs a promissory note

Duncan Properties, Inc. agrees to buy a car from Shifty for $25,000 on credit. Duncan signs a promissory note promising to repay the amount owed ($25,000) to the possessor of the note on April 1,2011. The car that Duncan bought is defective. If Shifty still has the note, does Duncan have to pay it?

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