Ordered that the order is affirmed, with costs.
On May 1, 2001, the parties entered into an agreement, whereby the plaintiff agreed to sell its laundromat business to the defendant Philip Noble for the sum of $275,000. Under the terms of the sales agreement, the buyer agreed to pay the sum of $30,000 upon execution, the sum of $90,000 at closing, and the balance of $180,000 at closing through the execution of a promissory note. Subsequently Noble, president of the...
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