Question

The longer Tommy stayed on this job, the more he hated it. He thought the boss was too demanding. He especially disliked being reprimanded for being late. One afternoon, he was asked by a secretary to take a letter to the boss for his signature. The boss had had an eye operation and was recuperating at home. Tommy got two signatures, one on the letter and one on a note promising to pay Tommy $1000 in consideration for services rendered. The boss was not careless, but couldn't read the papers. What argument, if any, could the boss use to avoid paying on the (promissory) note he signed? Give full reasons for your answer

Answer 1

A promissory note is a contract or agreement that says someone will pay you a sum of the amount within a specified time limit. In this case, the boss can use two ways to avoid paying the promissory note he signed. First, basically if boss proves that the promissory note Tommy is having is not really rather he himself owns the original one than in this case there are chances that we may not have to pay the amount.

Also, if the owner proves that there are flaws or mistakes in the promissory note then even if Tommy has the original note it will be void. For example, to make it void, if the boss proves that there is a difference in the signature then thee original promissory note can be made void and the boss can avoid paying the promissory note he signed.

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