Bill Stremmel Motors, Inc. v. IDS Leasing Corp.

OPINION

By the Court,

Mowbray, J.:

This is an appeal from a judgment in favor of IDS Leasing Corporation, plaintiff below, who commenced this action against Bill Stremmel Motors, Inc., for an alleged breach of a lease agreement when Stremmel refused to make further lease payments on faulty communications equipment which had been leased from IDS.

1. The Facts.

Bill Stremmel Motors, Inc., appellant herein, entered into a 96-month lease with respondent, IDS Leasing Corporation, for a Centrum Communications system manufactured by National Communications Planning Service, Inc., of Santa Clara,…