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An Expensive Lesson
Xiaoming lent his teacher 10,000 US dollars. The teacher promised to pay back the money within five years, signed an IOU, and the entire process was completely compliant with regulations. However, after Xiaoming's mother found out about this incident, she was very unhappy and believed that the teacher is a scammer.
Xiaoming lent his teacher 10,000 US dollars. The teacher promised to pay back the money within five years, signed an IOU, and the entire process was completely compliant with regulations. However, after Xiaoming's mother found out about this incident, she was very unhappy and believed that the teacher is a scammer.

The whole process is fully compliant and there is a legally valid IOU, why does mother still think the teacher is a scammer?
The whole process is fully compliant and there is a legally valid IOU, why does mother still think the teacher is a scammer?