Question
Your friend, Bob, has just borrowed $100 from you and offers to write up an I.O.U. It reads: July 1, 2019 I, Bob Smith, owe
Your friend, Bob, has just borrowed $100 from you and offers to write up an I.O.U.
It reads:
July 1, 2019
I, Bob Smith, owe you $100.
And Bob signs the document.
Does this I.O.U. create a contract to repay a debt?
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Financial Management Theory And Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
10th Edition
0030329922, 9780030329920
