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Mr. X signed a note followed by the word 'president' on a note identifying his company. ABC Inc. as the payor. When the company defaulted,
Mr. X signed a note followed by the word 'president' on a note identifying his company. ABC Inc. as the payor. When the company defaulted, the note's holder sought to recover from Mr. X. The trial court held him personally liable, and he appealed. Qs: was he personally liable on a corporate note? Discuss the requirements of negotiability and how they may or may not have applied to this scenario.
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