CLINE v. HOYLE & ASSOCIATES INS., INC.

No. 15447.

697 P.2d 1176 (1985)

108 Idaho 162

Jack CLINE, Plaintiff-Respondent, Cross Appellant, v. HOYLE & ASSOCIATES INSURANCE, INC., an Idaho Corporation; and Richard W. Hoyle, Defendant-Appellants, Cross Respondents.

Supreme Court of Idaho.

March 29, 1985.


Attorney(s) appearing for the Case

Michael L. Schindele, Boise, for defendant-appellants-cross respondents.

Richard B. Eismann, Homedale, for plaintiff-respondent-cross appellant.


BAKES, Justice.

This appeal is taken from the trial court's judgment which interprets the price term contained in the contract for the purchase of an insurance agency business. The judgment is affirmed.

Appellant, Hoyle, was a commissioned insurance salesman for respondent, Cline. In May, 1979, Cline extended to Hoyle an option to purchase the "book" of insurance accounts for Cline's Boise office in which Hoyle was employed. The option purchase price was to...

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