John Lennon wrote this in 1961 in the style of Smokey Robinson and The Miracles. It was one of 3 songs (along with "It Won't Be Long" and "Not A Second Time") that was written without McCartney for album With The Beatles. John stated: "That's me trying to do Smokey Robinson again." This particular song was inspired by the Miracles song "You Can Depend On Me."
This was recorded on September 11, 1963 at Abbey Road studios in London. The Beatles never performed it on stage. (thanks, Roman - Vilnius, for above 2)