Quantcast
Home / Opinion Digests / Contract / Contract — Promissory Note – Borrower’s Discretion – Ambiguity (access required)

Contract — Promissory Note – Borrower’s Discretion – Ambiguity (access required)

Odom v. Kelly (Lawyers Weekly No. 15-16-0785, 19 pp.) (Linda Stephens, J.) Appealed from Wake County Superior Court (Kendra Hill, J.) N.C. App. Unpub. Holding: Although a promissory note gives the borrower discretion as to when to make payments, the note is an enforceable contract, albeit with ambiguous terms. We reverse summary judgment for defendant as to ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*