When Tom Trousseau lent Bob Barrow $100, he asked for an IOU. Barrow took a business card

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When Tom Trousseau lent Bob Barrow $100, he asked for an IOU. Barrow took a business card from his wallet and scribbled these words on its back: "IOU, old pal Tom, one hundred bucks," signed and dated it, and gave it to Trousseau. Is the card an enforceable written contract?
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Understanding the Law

ISBN: 978-0538473590

6th edition

Authors: Donald L. Carper, John A. McKinsey

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