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Scott Moore Is Considering Accepting a $10,000, 60-Day, 12% Promissory

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Scott Moore is considering accepting a $10,000, 60-day, 12% promissory note from Cory Gregor to extend additional time to settle a past-due account. Discuss some of the reasons why Moore would accept a promissory note from Cory Gregor.

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a) To have a stronger legal claim for co...

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