GEBRUEDER HEIDEMANN, K.G. v. A.M.R. CORP.

No. 14779.

688 P.2d 1180 (1984)

107 Idaho 275

GEBRUEDER HEIDEMANN, K.G., aka Gebr. Heidemann, K.G., a limited partnership, Wolfgang Kram, Receiver in Bankruptcy for Gebr. Heidemann, Merchant, and Volksbank Bitburg, E.G., a corporation, Plaintiff-Appellants, Cross-Respondents, v. A.M.R. CORPORATION, an Idaho corporation, Defendant-Respondent, Cross-Appellant, and Dale Bowen, Defendant.

Supreme Court of Idaho.

September 27, 1984.


Attorney(s) appearing for the Case

Richard T. St. Clair, St. Clair, Hiller, Wood & McGrath, Idaho Falls, for plaintiffs-appellants, cross-respondents.

J. Kent Jolley, Rexburg, for defendant-respondent, cross-appellant.


BAKES, Justice.

Panworld, a Utah corporation and bicycle retailer, contracted to buy "between 5,000 to 8,000" bicycles from Heidemann, a German manufacturer. As consideration, Panworld signed and accepted six "trade acceptances" which came due at various intervals between October 13, 1974, and April 26, 1975. Defendant, A.M.R. Corporation, an Idaho corporation, did not sign or endorse the six trade acceptances, but in a collateral agreement A.M.R. guaranteed Panworld...

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