Inter-Sport, Inc. v. Wilson

Richard B. Adkisson, Chief Justice.

This case was certified to this court from the Arkansas Court of Appeals pursuant to Ark. Sup. Ct. R. 29 (4) for a determination of a question of usury which we do not reach since the issue was waived by the parties for purposes of appeal by their failure to object when the trial court declined to render a ruling thereon.

On June 18, 1976, 3-W Enterprises, Inc. (hereinafter 3-W) entered into a franchise agreement with appellant, Inter-Sport, Inc. As a part of that franchise agreement, appellees, Steve Wilson and Vicki Wilson, his wife, executed a guaranty…