Cengage Advantage Books: Law for Business 18th Edition by John Ashcroft ,Janet Ashcroft

Exercise 13

Gary and Clara Delffs signed a note to 3oe Waldron that read "_______ after date ________ promise to pay to the order of." After the word "of" was a long blank tine on which was handwritten, "one hundred and fifty-three thousand and four hundred and forty dollars" Following this was printed, "Dollars." The parties agreed the document was not order paper. A lawsuit ensued, and the court had to decide whether the note was bearer paper. Decide the case.