Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 12 Nov 2017 My Price 5.00

nonpayment of a promissory note

Sugarhouse sued Anderson for nonpayment of a promissory note and obtained a judgment against him for $2,423.86. For two years, Anderson had financial difficulties and couldn’t pay the judgment. When he learned that he could get a loan to help him pay a portion of the judgment, he reached an agreement with Sugarhouse to pay $2,200 in full settlement of the judgment. Anderson then gave Sugarhouse a check for $2,200. Before the check was cashed, however, Sugarhouse found out that Anderson had some property that he was about to sell. Sugarhouse then refused to go through with the settlement. Anderson asked the court to enforce the settlement agreement he had made with Sugarhouse. WillAnderson succeed? (Sugarhouse Finance Co. v. Anderson, Utah 610 P.2d 1369)

 

Answers

(5)
Status NEW Posted 12 Nov 2017 08:11 PM My Price 5.00

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