By written agreement, plaintiff agreed to sell defendants the inventory of his Radio Shack store for $33,069.22. The transaction closed on January 10, 1989, at which time defendants paid plaintiff $15,000 in cash and gave their promissory note for $18,069.22, payable April 10, 1989, with interest at the rate of 16%. Upon defendants' default in the payment of principal and interest, plaintiff brought...
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