Based on an honest belief, an employer terminated a bookkeeper for embezzlement. The employer also...
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Based on an honest belief, an employer terminated a bookkeeper for embezzlement. The employer also threatened to file a criminal complaint unless the bookkeeper agreed to repay the stolen funds. The bookkeeper, seeking to avoid criminal prosecution, agreed, and signed a promissory note payable to the employer in the amount of the embezzled funds. The bookkeeper subsequently admitted to having embezzled the money. Can the bookkeeper avoid the promissory note?
Based on an honest belief, an employer terminated a bookkeeper for embezzlement. The employer also threatened to file a criminal complaint unless the bookkeeper agreed to repay the stolen funds. The bookkeeper, seeking to avoid criminal prosecution, agreed, and signed a promissory note payable to the employer in the amount of the embezzled funds. The bookkeeper subsequently admitted to having embezzled the money. Can the bookkeeper avoid the promissory note?
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