(Answered) Robert borrowed 900000 on behalf of this company rrrampg

Management Studies

Robert borrowed 900,000 on behalf of this company, RRR&G, Inc. Robert signed a promissory note payable to Farmers Bank of Delaware on behalf of the corporation and as a personal guarantor. Farmers Bank had financial difficulty and as a result it sold many of its notes to the FDIC. Among these notes purchased by the FDIC was the RRR&G note, which was guaranteed by Robert. RRR&G Filed for bankruptcy and the FDIC sued Robert personally for payment of the 900,000 he owed. The FDIC presented photocopies of the promissory note and personal guaranty. Robert objected to these copies being admitted as evidence, since they were not the original notes. Should the photocopies be admitted into evidence in lieu of original note and guaranty agreement? Why?

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