Who had both signed promissory note

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Costanza and Seinfeld, who had both signed a promissory note, did not pay the note when it was due. Instead, Vandelay Industries, Inc., a corporation in which Seinfeld had a controlling interest, voluntarily paid the note. Vandelay later sued Costanza, seeking reimbursement for the payment. Vandelay argued, among other things, that because it had paid the note, it had the legal right of subrogation against the note's co-maker, Seinfeld. Will the court agree that Vandelay has a legal right of subrogation? Why or why not?

Reference no: EM132253094

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