Major Products Co. v. Northwest Harvest Products, Inc.

Northwest Harvest Products, Inc. fell behind on its trade account with Major Products Company, Inc., and they negotiated terms for payment of Northwest’s debt. Major requested a note for the debt, and Northwest sent a $79,000 corporate note. The balance on the note was incorrect, and Northwest sent a second corporate note for $79,361.89. After further discussion between the parties, Major sent a $78,445.24 note. The Chief Executive Officer of Northwest at that time signed the note “Donald H Eoll CEO,” attached a Post-It™ brand fax transmittal memo indicating that the note came from Donald…