Albert L. Schneider And Carolyn J.
1984.ID.15005 678 P.2D 56; 106 IDAHO 264
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Beschreibung des Verlags
The Schneiders met Curry in the fall of 1977 and expressed an interest in purchasing a bar which he owned in Homedale, Idaho. Pursuant to an oral agreement, the Schneiders exchanged $8,000 and their equity in a Boise condominium for the bar. The Schneiders began operating the bar on December 1, 1977, but soon became dissatisfied with the arrangement. In February, 1978, they contacted Curry and reached an agreement to rescind the purchase. The Schneiders testified they agreed to return the bar to Curry in exchange for $1,489, a promissory note in the amount of $4,800 and the condominium. Curry did execute a promissory note payable to the Schneiders. The interest-bearing note was to be paid at the rate of $300 per month for one year, with the remaining balance due on March 20, 1979.