Gearhart v. Baker

STATON, Judge.

Orville and Grace Gearhart, as sellers of an insurance business, filed suit against Don Baker, as buyer of the business, to recover money allegedly due on the sale contract. The trial court found against the Gearharts and entered judgment accordingly. The Gearharts appeal from that determination, and raise the following issue for our review:

Whether the trial court erred when it concluded that the Gearharts’ acceptance of a sum tendered by Baker, together with their signature on a receipt marked “Pd. to date & in full” constituted a “release in full satisfaction” of the…