| 1 | Write out a promissory note with the assistance of a lawyer or other witness. | |
| 2 | A bond, of course, is just an IOU, a promise to pay back money with interest by certain dates. | |
| 3 | A promissory note establishes the terms of the loan and allows action in a court of law if the provisions fall within state contract laws. | |
| 4 | In other words, as long as people overseas would accept American IOUs, they would send their goods to this country, but the dollar's recent slide tells us that Uncle Seller is running out of suckers. | |
| 5 | Scouring the place again, Gerald and Helen discovered an IOU for $40, 000 to Rosemary from Lifrieri. |
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