(DOWNLOAD) "Matsushita Electric Corp. v. Salopek" by Supreme Court of Wisconsin # eBook PDF Kindle ePub Free
eBook details
- Title: Matsushita Electric Corp. v. Salopek
- Author : Supreme Court of Wisconsin
- Release Date : January 19, 1990
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 64 KB
Description
Matsushita does business as Panasonic. Respondent Salopek was president of Security Express, Inc., which began purchasing products from Panasonic in 1981. That relationship changed in 1983 or 1984 when Security became a dealer/distributor of Panasonics products. Panasonic extended credit to Security on the basis of a letter of credit for $20,000, which expired on April 4, 1985. After expiration of the letter of credit, Salopek agreed to sign a written personal guaranty of the obligations of Security. Salopek amended the document by writing "valid through 10/1/85" at the top and then signed the document on April 30, 1985. Exhibit 1. The parties agree that the guaranty was only valid through October 1, 1985. The record shows that Security placed six orders before October 1, 1985, three having been placed on September 30, 1985. It made payments before October 1 of $11,600 and $3,550.50 and payments after October 1 of $12,753.69, $9,209.70, and $16,902. The payments of $12,753.69 and $9,209.70 matched invoices dated October 30, 1985, and November 6, 1985.
 "Matsushita Electric Corp. v. Salopek" by Supreme Court of Wisconsin # eBook PDF Kindle ePub Free){kind=link}