Ordered that the judgment is affirmed, with costs.
In January 1984, the parties entered into an agreement whereby, from time to time, the plaintiff would assign and the defendant would purchase installment sales contracts and other evidences of indebtedness arising from the plaintiff's business as an automobile dealer. Paragraph 2 of the agreement specifically provided that all contracts thereunder would represent "valid deferred payment obligations of bona fide Purchasers...
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