R amp a concrete contractors inc executed a promissory note, Ask an Expert

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R & A Concrete Contractors, Inc., executed a promissory note that identifies both R & A Concrete and Grover Roberts as its makers. On the reverse side of the note, the following appears: ‘‘X John Ament Sec. & Treas.''

National Bank of Georgia, the payee, now sues both R & A Concrete and Ament on the note. What rights does National Bank have against R & A and Ament?

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Category:- Management Theories
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