Can bob collect from the bank on the issuance of the iou

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Reference no: EM133478254

Question: On August 12, 2019, Bob loaned Bill $15,000 in exchange for an IOU written on a document. Bill plays his cards with poker players. Bill is unable to pay, Bob wants to submit the IOU to Bill's bank. The bank teller sees IOU written on the document, and refuses to pay. Can Bob collect from the bank on the issuance of the IOU?

Reference no: EM133478254

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